{"id":573,"date":"2018-04-30T11:41:19","date_gmt":"2018-04-30T11:41:19","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cit-v-essar-teleholdings-ltd-2018-401-itr-445-sc-hc\/"},"modified":"2018-04-30T11:41:19","modified_gmt":"2018-04-30T11:41:19","slug":"cit-v-essar-teleholdings-ltd-2018-401-itr-445-sc-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-v-essar-teleholdings-ltd-2018-401-itr-445-sc-hc\/","title":{"rendered":"CIT v. Essar Teleholdings Ltd. (2018) 401 ITR 445 (SC) (HC)"},"content":{"rendered":"<p>Every statute is prima facie prospective unless it is expressly or by necessary implication made to have retrospective operation. There is a presumption of prospectivity of a statute. Whether machinery have retrospective effect ,depends on content and nature of provisions of a taxing statute have to give effect to its manifest purposes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interpretation of taxing statutes \u2014 Presumption of prospectivity of statute- Machinery provisions .<\/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":[1],"tags":[],"class_list":["post-573","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9f","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/573","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=573"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/573\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}