https://www.taxtmi.com/caselaws?id=12164 The court held that the amended Section 249(4) of the Income-tax Act applied to the assessee's appeals as the 'lis' commenced after the amendment's effective date. The Tribunal's decision was overturned, and the case was remanded for further consideration. The court rejected retrospective application of procedural amendments, emphasizing the importance of the commencement of the 'lis' in determining the applicability of amended laws. Appeals against penalties were deemed to fall under Section 249(4). The assessment years were deemed irrelevant, and the correct commencement date of the 'lis' was crucial in deciding the case outcome. en-us Thu, 22 Aug 2002 00:00:00 +0530 Thu, 18 Feb 2010 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12164 The court held that the amended Section 249(4) of the Income-tax Act applied to the assessee's appeals as the 'lis' commenced after the amendment's effective date. The Tribunal's decision was overturned, and the case was remanded for further consideration. The court rejected retrospective application of procedural amendments, emphasizing the importance of the commencement of the 'lis' in determining the applicability of amended laws. Appeals against penalties were deemed to fall under Section 249(4). The assessment years were deemed irrelevant, and the correct commencement date of the 'lis' was crucial in deciding the case outcome. Case-Laws Income Tax Thu, 22 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12164