https://www.taxtmi.com/caselaws?id=36661 The court held that Section 269F(9) of the Income Tax Act, 1961, which excludes evidence of unregistered agreements, applies to agreements made before Chapter XX-A was enacted. It clarified that procedural laws are generally retrospective. The court emphasized that the exclusion of unregistered agreements does not interfere with vested rights but limits their admissibility for specific evidentiary purposes. The Tribunal was criticized for not adequately considering the execution of the agreement and inferring its existence without sufficient evidence. The court set aside previous orders and remanded the matter for fresh disposal, emphasizing a thorough examination of evidence. en-us Wed, 09 Jan 1980 00:00:00 +0530 Tue, 23 Mar 2010 17:19:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36661 The court held that Section 269F(9) of the Income Tax Act, 1961, which excludes evidence of unregistered agreements, applies to agreements made before Chapter XX-A was enacted. It clarified that procedural laws are generally retrospective. The court emphasized that the exclusion of unregistered agreements does not interfere with vested rights but limits their admissibility for specific evidentiary purposes. The Tribunal was criticized for not adequately considering the execution of the agreement and inferring its existence without sufficient evidence. The court set aside previous orders and remanded the matter for fresh disposal, emphasizing a thorough examination of evidence. Case-Laws Income Tax Wed, 09 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36661