https://www.taxtmi.com/caselaws?id=15956 The court upheld the validity of section 148 of the Income-tax Act, 1961, despite challenges based on constitutional grounds. It emphasized Parliament's authority to enact laws retrospectively and the discretionary power of assessing authorities in setting reasonable timeframes for filing returns. The judgment highlighted the need for compliance with retrospective laws and the rectification of orders not in alignment with such amendments. Ultimately, the petition challenging the validity of section 148 was dismissed for lacking legal merit. en-us Wed, 10 Mar 1999 00:00:00 +0530 Mon, 31 Aug 2009 12:16:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15956 The court upheld the validity of section 148 of the Income-tax Act, 1961, despite challenges based on constitutional grounds. It emphasized Parliament's authority to enact laws retrospectively and the discretionary power of assessing authorities in setting reasonable timeframes for filing returns. The judgment highlighted the need for compliance with retrospective laws and the rectification of orders not in alignment with such amendments. Ultimately, the petition challenging the validity of section 148 was dismissed for lacking legal merit. Case-Laws Income Tax Wed, 10 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15956