https://www.taxtmi.com/caselaws?id=189137 The appeal was allowed, and the matter was remanded to the Assessing Officer for fresh adjudication, considering the retrospective applicability of the amendments to Section 50C. The Tribunal emphasized that the amendments were intended to provide relief and should not result in a higher tax burden on the taxpayers. en-us Fri, 30 Sep 2016 00:00:00 +0530 Wed, 02 Aug 2017 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189137 The appeal was allowed, and the matter was remanded to the Assessing Officer for fresh adjudication, considering the retrospective applicability of the amendments to Section 50C. The Tribunal emphasized that the amendments were intended to provide relief and should not result in a higher tax burden on the taxpayers. Case-Laws Income Tax Fri, 30 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189137