https://www.taxtmi.com/caselaws?id=28401 Section 179 of the Income-tax Act, 1961, as amended in 1975, was held not to operate retrospectively in the absence of express words or necessary implication. Because the company's tax arrears had arisen and been determined before the amendment, the amended joint and several liability of directors could not be fastened on the petitioner for those pre-amendment dues. en-us Tue, 11 Jan 1983 00:00:00 +0530 Mon, 22 Feb 2010 12:35:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28401 Section 179 of the Income-tax Act, 1961, as amended in 1975, was held not to operate retrospectively in the absence of express words or necessary implication. Because the company's tax arrears had arisen and been determined before the amendment, the amended joint and several liability of directors could not be fastened on the petitioner for those pre-amendment dues. Case-Laws Income Tax Tue, 11 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28401