https://www.taxtmi.com/caselaws?id=12181 The High Court of Madras held that the amended rule 5, effective from April 2, 1983, would not apply to the assessment year 1983-84. The law applicable for assessment is the one in force at the beginning of the assessment year, with amendments applying to subsequent years. The ruling favored the Revenue over the assessee. en-us Tue, 13 Aug 2002 00:00:00 +0530 Mon, 13 Jun 2011 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12181 The High Court of Madras held that the amended rule 5, effective from April 2, 1983, would not apply to the assessment year 1983-84. The law applicable for assessment is the one in force at the beginning of the assessment year, with amendments applying to subsequent years. The ruling favored the Revenue over the assessee. Case-Laws Income Tax Tue, 13 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12181