https://www.taxtmi.com/caselaws?id=447985 The Madras HC dismissed appeals challenging tribunal orders regarding retrospective application of Section 5 of the Benami Property Transaction (Amendment) Act, 2016. The court held that provisions cannot be applied retrospectively, following the SC decision in Union of India v. Ganapati Dealcom Pvt Ltd. The HC rejected arguments that pending review petition warranted interference with tribunal orders, emphasizing that mere pendency of review petitions cannot ground appeals. The court disposed of all civil miscellaneous appeals while allowing appellants to proceed based on the SC review petition outcome. en-us Mon, 20 Nov 2023 00:00:00 +0530 Tue, 09 Jan 2024 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447985 The Madras HC dismissed appeals challenging tribunal orders regarding retrospective application of Section 5 of the Benami Property Transaction (Amendment) Act, 2016. The court held that provisions cannot be applied retrospectively, following the SC decision in Union of India v. Ganapati Dealcom Pvt Ltd. The HC rejected arguments that pending review petition warranted interference with tribunal orders, emphasizing that mere pendency of review petitions cannot ground appeals. The court disposed of all civil miscellaneous appeals while allowing appellants to proceed based on the SC review petition outcome. Case-Laws Benami Property Mon, 20 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447985