Executive Cannot Retroactively Clarify Law’s Intent via Press Release: Bombay High Court

In a significant ruling, the Bombay High Court has declared that the executive cannot retroactively clarify the intent of tax law through a press release, especially when it impinges on judicial interpretation. The court, comprising Justice M.S. Sonak and Justice Jitendra Jain, quashed a 2020 press release from the Ministry of Finance that attempted to

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