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ammendmant in provisions

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(Querist)
28 November 2008 Is it possible that govt. intends to makes an amendment in a particular provision of Income Tax Act 1961 with retrospective effect from 1961. If yes in which conditions and if No then Why?
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pooja

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pooja (Querist)
28 November 2008 plz resolved as soon as possible
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 November 2008 If both houses of the parliament passes and the president gives his assent Government can amend law with retrospective effect.
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