https://www.taxtmi.com/caselaws?id=37598 Liability to pay annuity deposit that had accrued before omission of the enabling provisions from the Income-tax Act remained enforceable after the amendment. The Court applied Section 6 of the General Clauses Act, 1897, holding that an accrued liability is not extinguished merely because the statutory provision creating the obligation is later omitted, unless the amending law shows a contrary intention. It distinguished authorities involving true repeal or different statutory settings. The challenge therefore failed, and the accrued tax liability continued to bind the assessee despite the subsequent omission. en-us Thu, 02 Nov 1978 00:00:00 +0530 Tue, 30 Mar 2010 17:55:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37598 Liability to pay annuity deposit that had accrued before omission of the enabling provisions from the Income-tax Act remained enforceable after the amendment. The Court applied Section 6 of the General Clauses Act, 1897, holding that an accrued liability is not extinguished merely because the statutory provision creating the obligation is later omitted, unless the amending law shows a contrary intention. It distinguished authorities involving true repeal or different statutory settings. The challenge therefore failed, and the accrued tax liability continued to bind the assessee despite the subsequent omission. Case-Laws Income Tax Thu, 02 Nov 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37598