https://www.taxtmi.com/caselaws?id=59792 The Tribunal ruled in favor of the assessee, upholding their substantive right of appeal and directing a fresh hearing on the merits. The judgment emphasized the preservation of vested rights and clarified that the amendment to s. 249(4) of the IT Act, inserted in 1975, did not apply retrospectively in this case. This decision ensured a fair opportunity for the assessee to present their case before the AAC. en-us Wed, 30 Jan 1980 00:00:00 +0530 Sat, 01 Jan 2011 12:10:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59792 The Tribunal ruled in favor of the assessee, upholding their substantive right of appeal and directing a fresh hearing on the merits. The judgment emphasized the preservation of vested rights and clarified that the amendment to s. 249(4) of the IT Act, inserted in 1975, did not apply retrospectively in this case. This decision ensured a fair opportunity for the assessee to present their case before the AAC. Case-Laws Income Tax Wed, 30 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59792