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Constitution Bench Lays down law on retrospective taxation, principle of fairness the balancing factor [Read the Judgment]

Constitution Bench Lays down law on retrospective taxation, principle of "fairness" the balancing factor [Read the Judgment]

The Constitution Bench of the Supreme Court delivered the judgment in relation to retrospective taxation and held that a statute has to be read prospectively until a contrary intention appears. The...

17 Sep 2014 2:55 PM GMT