Amendment in sec. 2(14) pertaining to ‘personal effects’ by FA, 2007 is prospective

HIGH COURT OF DELHI Faiz Murtaza Ali versus Commissioner of Income-tax IT APPEAL NO. 613 OF 2012 CM NO. 18145 OF 2012 FEBRUARY 20, 2013 JUDGMENT CM 18145/2012 Badar Durrez Ahmed, J. Exemption is allowed subject to all just exceptions. The application is disposed of. ITA 613/2012 This appeal by the assessee is the second round of litigation before this Court insofar as the assessment year 2002-03 is concerned. The appeal is directed against the order dated 31.05.2012 passed by the Income Tax Appellate Tribunal in ITA No. 2117/Del./2007. The matter had been remitted to the Tribu...