https://www.taxtmi.com/caselaws?id=17491 Additional income-tax under section 143(1A) was examined in relation to a loss return for assessment year 1989-90, with the court noting that the provision, as amended by the Finance Act, 1993, applied from 1 April 1989 and therefore governed that assessment year. The assessment had to be tested against the law in force for the relevant year unless a contrary saving or exception applied. Because the later amendment was operative from the relevant date, the levy on the loss return was held valid, and the challenge to that additional tax failed. en-us Wed, 15 May 1996 00:00:00 +0530 Tue, 22 Sep 2009 16:53:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17491 Additional income-tax under section 143(1A) was examined in relation to a loss return for assessment year 1989-90, with the court noting that the provision, as amended by the Finance Act, 1993, applied from 1 April 1989 and therefore governed that assessment year. The assessment had to be tested against the law in force for the relevant year unless a contrary saving or exception applied. Because the later amendment was operative from the relevant date, the levy on the loss return was held valid, and the challenge to that additional tax failed. Case-Laws Income Tax Wed, 15 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17491