https://www.taxtmi.com/caselaws?id=38561 A taxing amendment applies to an assessment year only from the start of that year unless the statute expressly gives it retrospective effect; an amendment brought into force after 1 April could not govern assessment year 1966-67, so the cancellation order and consequential assessment for that year were unsustainable. On the second issue, the finding that the assessee's holding exceeded the statutory ceiling of 50 standard acres for 1967-68 could not stand without a fresh and fair examination of the evidence, including the adangal extracts and a proper opportunity to substantiate them. The finding was therefore set aside and the matter remitted for reconsideration. en-us Thu, 16 Jun 1977 00:00:00 +0530 Wed, 07 Apr 2010 12:27:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38561 A taxing amendment applies to an assessment year only from the start of that year unless the statute expressly gives it retrospective effect; an amendment brought into force after 1 April could not govern assessment year 1966-67, so the cancellation order and consequential assessment for that year were unsustainable. On the second issue, the finding that the assessee's holding exceeded the statutory ceiling of 50 standard acres for 1967-68 could not stand without a fresh and fair examination of the evidence, including the adangal extracts and a proper opportunity to substantiate them. The finding was therefore set aside and the matter remitted for reconsideration. Case-Laws Income Tax Thu, 16 Jun 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38561