TMI Blog2002 (8) TMI 70X X X X Extracts X X X X X X X X Extracts X X X X ..... he language or scheme of section 13A or in the scheme of the Income-tax Act, 1961 or the Finance Act, 1988, to indicate that Parliament intended to give retrospective operation to section 13A. - The Tribunal was right in holding that for these assessment years the assessee was not entitled to the benefit of section 13A. The question referred to us is therefore answered in favour of the Revenue and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... from other sources' or any income by way of voluntary contributions, received by a political party from any person shall not be included in the total income of the previous year of such political party Provided that-- (a) such political party keeps and maintains such books of account and other documents as would enable the Assessing Officer to properly deduce its income therefrom; (b) in res ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r establishing a free society; to attain a rationalist and intellectual society; to wipe out poverty in the working front; to obtain better living conditions on the basis of equality; and other objects specified in its Constitution. The assessee filed "nil" return for these assessment years although it had received subscription from members, amounts by way of contribution/donation from non-memb ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd not for the period when that section was not part of the statute. Counsel for the assessee very fairly brought to our notice the decision of this court in the case of CWT v. Varadharaja Theatres P. Ltd. [2001] 250 ITR 523, wherein this court examined the claim of the assessee therein that section 40(3)(vi) of the Finance Act, 1983, was curative and declaratory and, therefore, was operative e ..... X X X X Extracts X X X X X X X X Extracts X X X X
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