The court said that the change made under Section 153C of the Act will also be applicable in the cases before the date of change, that is, the changed law will be effective in the earlier search cases also.
The comments of the Supreme Court of the country have come to light regarding the New Delhi Income Tax Act. The apex court has said in one of its important decisions that the changes made in the Income Tax Act in 2015 will be applicable in the case of earlier searches also.
The court said that the change made under Section 153C of the Act will also be applicable in the cases before the date of change, that is, the changed law will be effective in the earlier search cases also.
Under the order of the Supreme Court, the change made under Section 153C of the Income Tax Act on June 1, 2015 will also be applicable in the case of searches done before this date.
There is a provision in Section 153C of the Act that the Income Tax Department can also take action against the person about whom information has been received during the search.
That is, the Revenue Department (Income Tax Department) will have the right to take action against the person against whom the search operation is going on and during that time some information is found about a third person.
After this change, the department has got the right to take action against such third person also if his name appears in the material found in the search.
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