Reassessment based on subsequently amended Provisions is invalid

Brahm Datt Vs ACIT (Delhi High Court)

CONCLUSION –

Re-assessment not tenable in law in as much as the same is barred by limitation. Any subsequent amendment in the re-assessment provisions, if not specifically mentioned, are presumed to be prospective and hence not applicable in the present case.

FACTS –

Petitioner, a senior citizen, was non-resident/not ordinarily

Please become a Premium member. If you are already a Premium member, login here to access the full content.