https://www.taxtmi.com/article/detailed?id=9451 Retrospective amendments may validate past tax recoveries or cure drafting defects and are permissible when they correct omissions, clarify ambiguous provisions, or alter the legal basis on which prior judicial decisions were rendered. Such amendments must be reasonable, corrective or declaratory in nature, and adhere to the principle of fairness; they cannot lawfully deprive vested rights, impose new liabilities, or criminalize pre-amendment conduct absent clear legislative intent, and measures that do so are presumptively prospective and subject to constitutional challenge. en-us Fri, 04 Sep 2020 10:43:48 +0530 Fri, 04 Sep 2020 15:04:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9451 Retrospective amendments may validate past tax recoveries or cure drafting defects and are permissible when they correct omissions, clarify ambiguous provisions, or alter the legal basis on which prior judicial decisions were rendered. Such amendments must be reasonable, corrective or declaratory in nature, and adhere to the principle of fairness; they cannot lawfully deprive vested rights, impose new liabilities, or criminalize pre-amendment conduct absent clear legislative intent, and measures that do so are presumptively prospective and subject to constitutional challenge. Articles Goods and Services Tax - GST Fri, 04 Sep 2020 10:43:48 +0530 https://www.taxtmi.com/article/detailed?id=9451