https://www.taxtmi.com/caselaws?id=49522 Section 12 of the Finance Act, 1950 conferred delegated power to remove difficulties in giving effect to the extended tax laws, and that power was held broad enough to clarify the original depreciation scheme with effect from the date the difficulty arose. The amended Explanation to paragraph 2 of the Taxation Laws (Part B States) (Removal of Difficulties) Order, 1950, was therefore treated as valid and applicable to the assessment year 1951-52, including pending matters. The article 14 challenge also failed because the clarification applied uniformly to assessees covered by paragraph 2 and did not create discrimination among persons similarly situated. en-us Tue, 08 Nov 1960 00:00:00 +0530 Wed, 18 Mar 2015 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49522 Section 12 of the Finance Act, 1950 conferred delegated power to remove difficulties in giving effect to the extended tax laws, and that power was held broad enough to clarify the original depreciation scheme with effect from the date the difficulty arose. The amended Explanation to paragraph 2 of the Taxation Laws (Part B States) (Removal of Difficulties) Order, 1950, was therefore treated as valid and applicable to the assessment year 1951-52, including pending matters. The article 14 challenge also failed because the clarification applied uniformly to assessees covered by paragraph 2 and did not create discrimination among persons similarly situated. Case-Laws Income Tax Tue, 08 Nov 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49522