https://www.taxtmi.com/caselaws?id=27489 A retrospective motor vehicles tax levy became an enforceable liability only when the charging provision under Act 34 of 1961 came into force, even though it operated from an earlier date. The assessee's provision in the accounts was therefore referable to a legally binding obligation arising in the accounting year ended 31 March 1962, and not to the prior periods to which the levy was retrospectively extended. The validating provision was inapplicable because the assessee had not been taxed under the earlier invalid enactment. The entire provision was accordingly deductible for assessment year 1962-63. en-us Mon, 17 Jan 1983 00:00:00 +0530 Sat, 31 Dec 2016 14:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27489 A retrospective motor vehicles tax levy became an enforceable liability only when the charging provision under Act 34 of 1961 came into force, even though it operated from an earlier date. The assessee's provision in the accounts was therefore referable to a legally binding obligation arising in the accounting year ended 31 March 1962, and not to the prior periods to which the levy was retrospectively extended. The validating provision was inapplicable because the assessee had not been taxed under the earlier invalid enactment. The entire provision was accordingly deductible for assessment year 1962-63. Case-Laws Income Tax Mon, 17 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27489