2010 (8) TMI 202 - HC - Income Tax

First proviso to section 43B and Explanation 2 if read together make it clear that Explanation 2 is retrospectively applicable -COMMISSIONER OF INCOME-TAX Versus DESH RAKSHAK AUSHDHALAYA LTD. 2008 -TMI - 33823 - UTTARAKHAND HIGH COURT

Summary

The High Court of Uttarakhand disposed of the appeal as the appellants did not take necessary steps for the hearing. The decision was based on a previous judgment related to the same issue. The appeal stands concluded based on the ratio of the earlier judgment.