Retrospective effect of an act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 November 2013
A BILL IS FIRST TIME PRESENTED BEFORE PARLIAMENT SAY ON SEPTEMBER, 2011 AND IT IS PASSED BY BOTH THE HOUSE AND GET THE ASSENT OF PRESIDENT IN SEP'13.
NOW MY QUESTION IS CAN THIS BILL WHICH HAS NOW BECAME ACT BE GIVEN EFFECT RETROSPECTIVELY BEFORE September 2011 ie the date when it was first presented before the house.
NOW MY QUESTION IS CAN THIS BILL WHICH HAS NOW BECAME ACT BE GIVEN EFFECT RETROSPECTIVELY BEFORE September 2011 ie the date when it was first presented before the house.
01 December 2013
it depends on the provisions of the act. often laws are enacted with retrospective effect. prime example is several amendments in the Income tax Act 1961. So it shall be at the discretion of the legislature to provide for retrospective enactment. However, in case such a retrospective enactment is violating any fundamental rights, court may strike down such retrospective operation of the law.
11 December 2013
that shall be mentioned in the respective law only.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Journal entry of busniess expenses
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- RATE AND HSN CODE
- TDS AND ITR ISSUE
- GST Rate for Catering Services
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
