https://www.taxtmi.com/caselaws?id=285942 An amendment that alters only the machinery of assessment, without changing the ultimate tax liability, is procedural and may apply retrospectively unless the statute indicates otherwise. On that basis, Section 23(5)(a) of the Indian Income-tax Act, introduced by the 1939 amendment, applied to the 1938-39 assessment year because it merely changed the method of assessing registered firms and did not affect the net tax burden. The amended provision was therefore held applicable retrospectively, and the question was answered in the affirmative. en-us Wed, 10 Jan 1951 00:00:00 +0530 Tue, 04 Feb 2020 15:39:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285942 An amendment that alters only the machinery of assessment, without changing the ultimate tax liability, is procedural and may apply retrospectively unless the statute indicates otherwise. On that basis, Section 23(5)(a) of the Indian Income-tax Act, introduced by the 1939 amendment, applied to the 1938-39 assessment year because it merely changed the method of assessing registered firms and did not affect the net tax burden. The amended provision was therefore held applicable retrospectively, and the question was answered in the affirmative. Case-Laws Income Tax Wed, 10 Jan 1951 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285942