https://www.taxtmi.com/caselaws?id=410505 The Tribunal partially allowed the appeal and remanded the matter back to the original authority for quantification and refund adjustments. It held that demands for the period where the limitation period had already lapsed could not be confirmed by applying the amended period, emphasizing that statutory amendments are presumed to be prospective unless explicitly declared retrospective. The decision highlighted the importance of interpreting taxation laws in accordance with legal principles and precedents to ensure fairness in tax disputes. en-us Mon, 02 Aug 2021 00:00:00 +0530 Sat, 15 Jan 2022 13:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410505 The Tribunal partially allowed the appeal and remanded the matter back to the original authority for quantification and refund adjustments. It held that demands for the period where the limitation period had already lapsed could not be confirmed by applying the amended period, emphasizing that statutory amendments are presumed to be prospective unless explicitly declared retrospective. The decision highlighted the importance of interpreting taxation laws in accordance with legal principles and precedents to ensure fairness in tax disputes. Case-Laws Service Tax Mon, 02 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410505