Retrospectivity of Tax Statute
RETROSPECTIVITY OF TAX STATUTE
Submitted By: Priya Misra
Id. No.: 490
NATIONAL LAW SCHOOL OF INDIA UNIVERSITY
BANAGALORE
ACKNOWLEDGEMENT The first and most academic debt that I have incurred during the preparation of this project is to Prof. Rajendra Babu, I am also grateful to the library staff for helping me in searching for the relevant data.
Priya Misra
CONTENT
Introduction …………………………………………………………..
Prospectivity or Retrospectivity of Tax…………………………….
Retrospectivity across the world…………………………………….
Precedent of retrospective taxation in India………………………..
Conclusion……………………………………………………………...
List of cases * Allied Motors (P) Ltd. v. CIT (1997) 3 SCC 472 * Ashapura Minichem Ltd. v. ADIT (2010) 5 Taxman 57 (Bom) * Assistant Collector of Central Excise, Calcutta Division v. National Tobacco Co. of Inida Ltd. [ 19731] 1 SCR 822 * CIT v. India Steamship 196 ITR 917. * CIT v. Sri Jagannath 191 ITR 676 * Clifford Chance v. DCIT (2009) 318 ITR 237 (Bom) * Indira Nehru Gandhi v. Raj Narain, 1975 Supp SCC 1 * Ishikawajima Harima Heavy Industries Ltd. V. Director Of Income Tax Mumbai (2007) 3 SCC 481 * ITO v. Manoharlal 236 ITR 357 * Laxmi Industries Ltd. v. ITO 231 ITR 514 * Lohia Machines Ltd. V. Union of India AIR 1985 SC 421 * Maneka Gandhi v. Union of India, (1978) 1 SCC 248 * National Agricultural Co-operative Marketing Federation of India v. Union of India (2003) 5 SCC 23 * Padmore v. IRC(1989) STC 493 * R v. HMRC [2011] EWCA Civ 89 * R.K. Dalmia v. Justice Tendolkar AIR 1958 SC 1938. * Rai Ramakrishna v. State of Bihar, (1963) 50 ITR 171 * Ram Bachan v. State of Bihar AIR 1967 SC 1404 * Re. Cauvery Water Disputes Tribunal 1993 SCC Supl. (1) 96 * Robert Huitson vs. HMRC [2010] EWHC 97 (Admin) * S.R. Bhagwat & ors v. The state of Mysore 1996
Submitted By: Priya Misra
Id. No.: 490
NATIONAL LAW SCHOOL OF INDIA UNIVERSITY
BANAGALORE
ACKNOWLEDGEMENT The first and most academic debt that I have incurred during the preparation of this project is to Prof. Rajendra Babu, I am also grateful to the library staff for helping me in searching for the relevant data.
Priya Misra
CONTENT
Introduction …………………………………………………………..
Prospectivity or Retrospectivity of Tax…………………………….
Retrospectivity across the world…………………………………….
Precedent of retrospective taxation in India………………………..
Conclusion……………………………………………………………...
List of cases * Allied Motors (P) Ltd. v. CIT (1997) 3 SCC 472 * Ashapura Minichem Ltd. v. ADIT (2010) 5 Taxman 57 (Bom) * Assistant Collector of Central Excise, Calcutta Division v. National Tobacco Co. of Inida Ltd. [ 19731] 1 SCR 822 * CIT v. India Steamship 196 ITR 917. * CIT v. Sri Jagannath 191 ITR 676 * Clifford Chance v. DCIT (2009) 318 ITR 237 (Bom) * Indira Nehru Gandhi v. Raj Narain, 1975 Supp SCC 1 * Ishikawajima Harima Heavy Industries Ltd. V. Director Of Income Tax Mumbai (2007) 3 SCC 481 * ITO v. Manoharlal 236 ITR 357 * Laxmi Industries Ltd. v. ITO 231 ITR 514 * Lohia Machines Ltd. V. Union of India AIR 1985 SC 421 * Maneka Gandhi v. Union of India, (1978) 1 SCC 248 * National Agricultural Co-operative Marketing Federation of India v. Union of India (2003) 5 SCC 23 * Padmore v. IRC(1989) STC 493 * R v. HMRC [2011] EWCA Civ 89 * R.K. Dalmia v. Justice Tendolkar AIR 1958 SC 1938. * Rai Ramakrishna v. State of Bihar, (1963) 50 ITR 171 * Ram Bachan v. State of Bihar AIR 1967 SC 1404 * Re. Cauvery Water Disputes Tribunal 1993 SCC Supl. (1) 96 * Robert Huitson vs. HMRC [2010] EWHC 97 (Admin) * S.R. Bhagwat & ors v. The state of Mysore 1996
Bibliography: Primary Sources: * Constitution of Inidia, 1950 * Sutherland, Statutes And Statutotory Conststruction 131-133 (1943 (add ed. And publisher) * Vepa P.Sarathi, Interpretation of Statutes 467 (2003) (add ed [ 2 ]. Cooley, The Limits to legislative power in the passage of Curative Laws, 12 Cent. L.J. 2(1881) [ 3 ] [ 8 ]. Ujagar Prints v. Union of India [1989] 179 ITR 317; [1989] 3 SCC 488, 517 see also Indira Nehru Gandhi v. Raj Narain, 1975 Supp SCC 1: AIR 1975 SC 2299 [ 9 ] [ 10 ]. Ibid. Hobbes, T., Leviathan (A R Waller (ed), Cambridge University Press, 1904) 212 [ 11 ] [ 12 ]. Vepa P.Sarathi, Interpretation of Statutes 467 (2003). [ 13 ]. 1954 AIR 158 SC [ 14 ] [ 15 ]. Ujagar Prints v. Union of India, (1989) 3 SCC 488: AIR 1989 SC 516 (532). [ 18 ]. Allied Motors (P) Ltd. v. CIT, (1997) 3 SCC 472: 224 ITR 677; CIT v. India Steamship, 196 ITR 917. [ 20 ]. National Agricultural Co-operative Marketing Federation of India v. Union of India, (2003) 5 SCC 23: 260 ITR 548. [ 30 ]. Willoughby, Constitution of the United States, Vol. III, p. 1875 [ 31 ] [ 34 ]. Clifford Chance v. DCIT (2009) 318 ITR 237 (Bom) [ 35 ]