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Case Law Details

Case Name : CIT Vs Vummudi Amarendran (Madras High Court)
Appeal Number : T.C.A. No. 329 of 2020
Date of Judgement/Order : 28/09/2020
Related Assessment Year :
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CIT Vs Vummudi Amarendran (Madras High Court)

In the case CIT vs. Vummudi Amarendran, the Madras High Court addressed the issue of whether the amendment to Section 50C of the Income Tax Act, 1961, introduced in 2016, should be applied retrospectively or prospectively. The Court ultimately ruled that the amendment, which was int

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