I-T Act

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FM defends amendment of I-T Act with retrospective effect

Mar 31, 2012 | |
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Finance Minister Pranab Mukherjee on Saturday defended the move to amend the Income Tax Act with retrospective effect following which UK's Vodafone may have to pay Rs 11,000 crore as tax for a buyo

Generally, retrospective amendments should be avoided: Montek

Mar 18, 2012 | |
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Plan panel Deputy Chairman Montek Singh Ahluwalia on Sunday said that generally changes to the laws should not be implemented retrospectively even as he termed the proposed amendment to the I-T Act to

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