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Section 2(15) amended by Finance Act, 2008 applicable WEF 01.04.2009
Case Law Details
- Case Name
- CIT/PCIT Vs Paradeep Port Trust (Orissa High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2008-09
- Courts
- All High Courts, Orissa High Court
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CIT/PCIT Vs Paradeep Port Trust (Orissa High Court)
The very text of the Finance Act, 2008 and in particular Section 3 thereof which inserts the amended Section 2(15) clearly states that “the following clause shall be substituted with effect from the 1st day of April, 2009.” Clearly, therefore, the amendment is prospective. Consequently, the Court declines to frame this question either.
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