https://www.taxtmi.com/caselaws?id=787423 The note addresses temporal applicability of Finance Act, 2022 amendments introducing 'specified violation' in Section 12AB(4): it clarifies that a legislative amendment creating a new ground for cancellation and a new procedural regime operates prospectively from its effective date unless express retrospective effect is provided, and therefore cannot validly be invoked to cancel registration for prior years. Where show-cause notices and orders rely on the post amendment regime for periods before it operated, those proceedings are vitiated; the operative effect is restoration of registration and quashing of retrospective cancellation. en-us Wed, 18 Feb 2026 00:00:00 +0530 Thu, 05 Mar 2026 08:41:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787423 The note addresses temporal applicability of Finance Act, 2022 amendments introducing 'specified violation' in Section 12AB(4): it clarifies that a legislative amendment creating a new ground for cancellation and a new procedural regime operates prospectively from its effective date unless express retrospective effect is provided, and therefore cannot validly be invoked to cancel registration for prior years. Where show-cause notices and orders rely on the post amendment regime for periods before it operated, those proceedings are vitiated; the operative effect is restoration of registration and quashing of retrospective cancellation. Case-Laws Income Tax Wed, 18 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787423