Vested right of person cannot be affected by retrospective legislation: Bombay HC

Senapati Santaji Ghorpade Sugar Factory Ltd. Vs ACIT (Bombay High Court)

Bombay High Court held that retrospective legislation cannot deprive a person of an accrued right vested in him under a statute or under the Constitution. Thus, the notification dated 28^th September 2021 making only those assessees eligible to file application before the Settlement Commission who were eligible as on 31^st January 2021 is invalid.

Facts- Petitioner is a company eng

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