https://www.taxtmi.com/caselaws?id=15873 A retrospective amendment changing the assessment basis for tenants-in-common required the assessee to be given a fair opportunity to file a fresh return. The revenue could not unilaterally convert the declared status into an association of persons when the original return had been filed under the earlier legal position and the assessee had sought permission to revise it. The change in law affected the correct taxable status, so the assessment orders were set aside and the matter remitted for fresh consideration after allowing a fresh return. en-us Thu, 18 Feb 1999 00:00:00 +0530 Sat, 29 Aug 2009 16:16:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15873 A retrospective amendment changing the assessment basis for tenants-in-common required the assessee to be given a fair opportunity to file a fresh return. The revenue could not unilaterally convert the declared status into an association of persons when the original return had been filed under the earlier legal position and the assessee had sought permission to revise it. The change in law affected the correct taxable status, so the assessment orders were set aside and the matter remitted for fresh consideration after allowing a fresh return. Case-Laws Income Tax Thu, 18 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15873