https://www.taxtmi.com/caselaws?id=281284 The Tribunal allowed the Miscellaneous Application, recalling the order dated 18.08.2017 for AY 2002-03 and directing a fresh hearing before a regular Bench. The decision was based on the failure to consider the retrospective nature of the amendment to Explanation 1 to section 115JB and the lack of opportunity for the Ld. counsel to present arguments regarding relevant decisions. The Tribunal emphasized the importance of rectifying errors and ensuring due process in tax matters. en-us Thu, 13 Dec 2018 00:00:00 +0530 Tue, 11 Jun 2019 19:33:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281284 The Tribunal allowed the Miscellaneous Application, recalling the order dated 18.08.2017 for AY 2002-03 and directing a fresh hearing before a regular Bench. The decision was based on the failure to consider the retrospective nature of the amendment to Explanation 1 to section 115JB and the lack of opportunity for the Ld. counsel to present arguments regarding relevant decisions. The Tribunal emphasized the importance of rectifying errors and ensuring due process in tax matters. Case-Laws Income Tax Thu, 13 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281284