The observations of the\u00a0 Honourable courts\u00a0 are ,\u00a0 the words of a statute are to be construed in their terms, according to the circumstances in which they occur . At the same time , statutes, particularly amending provisions , may be considered in the light of the previous history of the legislation and the changes in underwent to discern , what is intended by the lawmakers when an amendment is introduced or new law is enacted. Speeches made in the legislature or Parliament can be looked into for throwing light on the rationale for an amendment . Circulars are \u00a0binding upon the Departmental authorities , if they advance a proposition within the framework of the statutory provision . However, if they are contrary to the plain words of a statute , they are not binding . Further more , they cannot bind the courts , which they have to \u00a0independently interpret the statute , in their own terms . At the best ,in\u00a0 such a task , they may be considered as Departmental understanding on the subject and have limited persuasive value . The term \u201c unless the context otherwise requires\u201d merely signifies that in case there is anything expressly to the contrary , in any specific provision in the body of the Act, a different meaning can be attributed.\u00a0 However, to discern the purport of a provision , the term, as defined , has to prevail, whenever the expression is used in the statute. This rule is subject to the exception that when a contrary intention is plain , in a particular instances , that meaning is to be given .<\/p>\n","protected":false},"excerpt":{"rendered":"
Interpretation of taxing statutes \u2014 Date of applicability of a statutory amendment – Amending provisions \u2014 to be considered in light of history of legislation and what lawmakers intended by amendment – .Aids to construction \u2014 Speeches made in legislature can be looked into- Circulars \u2014 Binding upon Departmental Authorities if they advance proposition within framework of statute \u2014 Not binding where contrary to statute\u2014Not binding on courts-Definition \u2014 Unless the context otherwise requires . [ S. 10(20A), 10(23C), 10(46), 11, 11(4), 11(4A), 12, 12A, 12AA, 13(8), 143(3) <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-32080","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-8lq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=32080"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32080\/revisions"}],"predecessor-version":[{"id":36814,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/32080\/revisions\/36814"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=32080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=32080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=32080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}