https://www.taxtmi.com/caselaws?id=379388 The Gujarat High Court, followed by the Supreme Court, ruled against the retrospective effect of an amendment to Section 80HHC of the Income Tax Act, ensuring exporters with turnover exceeding &8377; 10 crores are not adversely affected. The courts emphasized equal treatment for exporters above and below the turnover threshold, quashing onerous conditions and upholding the benefits under Section 80HHC without retrospective disadvantage. This decision aimed to maintain consistency and fairness in tax law application, preventing undue harm to specific classes of assessees. en-us Wed, 27 Mar 2019 00:00:00 +0530 Wed, 01 May 2019 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379388 The Gujarat High Court, followed by the Supreme Court, ruled against the retrospective effect of an amendment to Section 80HHC of the Income Tax Act, ensuring exporters with turnover exceeding &8377; 10 crores are not adversely affected. The courts emphasized equal treatment for exporters above and below the turnover threshold, quashing onerous conditions and upholding the benefits under Section 80HHC without retrospective disadvantage. This decision aimed to maintain consistency and fairness in tax law application, preventing undue harm to specific classes of assessees. Case-Laws Income Tax Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379388