Retrospective Effect
Dushyant Pandya
(Querist) 02 June 2010
This query is : Resolved
Can government passed any order with retrospective effect?
If yes, then what about taxes paid?
adv. rajeev ( rajoo )
(Expert) 02 June 2010
in my opinion it may pass an order with retrospective effect. In such cases you can claim the refund.
Mostly govt., will not pass an order with retrospective effect.
B K Raghavendra Rao
(Expert) 03 June 2010
In money matters, if the government has passed orders with retrospective effect, taxes if paid in excess may be refunded and if paid in short will have to be paid now.