retrospective effect


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The Indian income tax department has cited legislation introduced in 2012, with retrospective effect, as the reason for these current enquiries," Cairn said.
Financial Services Agreement with retrospective effect from 18 July 2013
It was further agreed that once the notification of Cyprus as a "notified jurisdictional area" is rescinded, it will be with retrospective effect from November 1, 2013, when India issued its decision on Cyprus.
It was further agreed that, based on the discussions held, once the notification of Cyprus as a "notified jurisdictional area" under section 94A of the Indian Income-tax Act 1961 is rescinded, it will be with retrospective effect from 1 November 2013, date when the notification of India was issued.
Bahrain Chamber of Commerce and Industry (BCCI) has appointed Nabeel Al Mahmood as its chief executive with retrospective effect from September 1.
The ban on the 23-year-old Delhi cricketer has been imposed with retrospective effect from May this year when the Indian Premier League took place.
I demanded that there must be provision in the new Act for giving retrospective effect to attachment or confiscating property of offenders for the purpose of payment to the depositors and giving punishment to the offenders.
26 for this year on the pay scale of the academic staff of public high education establishments - Bahrain University, Bahrain Polytechnic, Bahrain Training Institute and the College of Health Sciences -- with retrospective effect from January 1, 2013.
The fact is that Greece passed this legislation with retrospective effect in order to enable the recent bond swap and as a result, bond owners have lost most of their money.
By this way, we will help users be aware of such devices and prevent people's exposure to scams and fraud," he said, stressing that the false devices which are not subject to the decision's retrospective effect will fade away within a year or two as the trade of such devices will disappear from the UAE market after activating the decision.
In particular, the Institute is alarmed by the proposed retrospective effect of the legislation.
We do not take action lightly, but the potential tax loss from this scheme and the history of previous abuse in this area mean that this is a circumstance where the decision to change the law with full retrospective effect is justified.