LAWS(MAD)-2009-7-788

COMMISSIONER OF INCOME TAX Vs. TIDEL PARK LTD.

Decided On July 13, 2009
COMMISSIONER OF INCOME TAX Appellant
V/S
Tidel Park Ltd. Respondents

JUDGEMENT

(1.) THE Revenue has come forward with this appeal raising the following substantial questions of law:

(2.) WHETHER on the facts and circumstances of the case, Explanation (iia) to Section 115JB has retrospective effect being clarificatory in nature?

(3.) THE tax appeal therefore fails and is dismissed. No costs.