A statute is the intention of the legislature which enacts it after having regard to various facts and circumstances. It is a cardinal principle of law that the interpretation by the court shall be done in such a way that the intention of the Legislature shall prevail and no injustice occurred with the parties .The rule of harmonious construction is the thumb rule to interpretation of any statute. An interpretation which makes the enactment a consistent whole, should be the aim of the courts and a construction which avoids inconsistency or repugnancy between the various sections or parts of the statute should be adopted .
CIT v. HCL Technologies Ltd (2018) 404 ITR 719/ 165 DTR 305/302 CTR 191 / 255 Taxman 313 (SC), www.itatonline.org
Interpretation of taxing statues- Intention of legislature must prevail [ S. 10A,80HHC, 80HHE ]