Supreme Court Dismisses Revenue Appeal in Tax Recovery, Holds Notification Empowering Tahsildar as Tax Recovery Officer Cannot Have Retrospective Effect; Attachments Invalid. Executive Notification under Section 2(44) of Income-tax Act, 1961 Cannot Operate Retrospectively to Validate Pre-issuance Acts, as Delegated Legislation Lacks Retrospective Force Absent Express Statutory Authorization.
28 Jul 1969The dispute arose out of recovery proceedings under the Income-tax Act, 1961. The assessee, M.C. Ponnoose, had income-tax arrears, and his shares were...
