Commissioner of Income Tax (Appeals) failed to
appreciate that the amendment made to section 94(7) was with
effect from 01.04.2005 and is not applicable ... within 96 days from the purchase of the same. Since the amendment
made to section 94(7) was with effect from 01.04.2005, the appellant
would
Dcit, Central Circle-2.4, Chennai vs Shri P. Rama Mohan Rao, Chennai on 2 April
Dcit, Central Circle-2.4, Chennai vs Shri P. Rama Mohan Rao, Chennai on 2 April
Shri P. Rama Mohan Rao, Chennai vs Dcit, Central Circle-2.4, Chennai on 2 April
Dcit, Central Circle-2.4, Chennai vs Shri P. Rama Mohan Rao, Chennai on 2 April
Shri P. Rama Mohan Rao, Chennai vs Dcit, Central Circle-2.4, Chennai on 2 April
grossly erred, in law and in facts, in considering the
amendment made to section 14A of the Act vide Finance Act . 2022 as
retrospective ... section 14A of the
Act. The AO has contended that the amendment made to section 14A of
the Act vide Finance Act, 2022 is retrospective
grossly erred, in law and in facts, in considering the
amendment made to section 14A of the Act vide Finance Act . 2022 as
retrospective ... section 14A of the
Act. The AO has contended that the amendment made to section 14A of
the Act vide Finance Act, 2022 is retrospective
Shri P. Rama Mohan Rao, Chennai vs Dcit, Central Circle-2.4, Chennai on 2 April
2511.88 Lacs. The Ld. AO, taking
note of amendment made by Finance Act, 1996 , with effect from
01.04.1997, to Sec. 32(2) and further ... substantiative provisions and not a procedural one and therefore, the
amendment made by way of Finance Act, 2001 , with effect from
01.04.2002, permitting
