https://www.taxtmi.com/caselaws?id=283974 The article explains that a judicial declaration affecting discretionary allotments may be confined prospectively where retrospective application would unsettle completed transactions, create uncertainty, and lead to unequal treatment among similarly placed allottees. The Court treated prospective overruling as a tool to preserve settled arrangements and public interest, while still allowing lawful action against allotments that were not consistent with the earlier regime. On that basis, the later ruling was limited to operate from 23.4.1996, and pre-23.4.1996 allotments could be cancelled only if they did not conform to the earlier decision and after due procedure. en-us Fri, 28 Sep 2001 00:00:00 +0530 Tue, 22 Oct 2019 17:41:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283974 The article explains that a judicial declaration affecting discretionary allotments may be confined prospectively where retrospective application would unsettle completed transactions, create uncertainty, and lead to unequal treatment among similarly placed allottees. The Court treated prospective overruling as a tool to preserve settled arrangements and public interest, while still allowing lawful action against allotments that were not consistent with the earlier regime. On that basis, the later ruling was limited to operate from 23.4.1996, and pre-23.4.1996 allotments could be cancelled only if they did not conform to the earlier decision and after due procedure. Case-Laws Indian Laws Fri, 28 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283974