https://www.taxtmi.com/caselaws?id=11553 The court ruled in favor of the petitioners, finding that the proceedings initiated by the Assistant Commissioner of Agricultural Income-tax, based on the amendment to the Agricultural Income-tax Act, were without jurisdiction. The court held that the petitioners' rights under Section 66(1) of the Act could not be affected by the subsequent amendment. The court set aside the proceedings, directing the respondent not to proceed under the Act until the three-year period specified in Section 66(5) had elapsed, including the relevant assessment year. The petitions were allowed, with parties instructed to bear their own costs. en-us Wed, 23 Jul 2003 00:00:00 +0530 Fri, 29 Jan 2010 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11553 The court ruled in favor of the petitioners, finding that the proceedings initiated by the Assistant Commissioner of Agricultural Income-tax, based on the amendment to the Agricultural Income-tax Act, were without jurisdiction. The court held that the petitioners' rights under Section 66(1) of the Act could not be affected by the subsequent amendment. The court set aside the proceedings, directing the respondent not to proceed under the Act until the three-year period specified in Section 66(5) had elapsed, including the relevant assessment year. The petitions were allowed, with parties instructed to bear their own costs. Case-Laws Income Tax Wed, 23 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11553