Author: Anish Dey, Research Scholar at Department of Law, Christ (Deemed to be University), Bangalore
Retrospective taxation has been one of the most discussed taxation issues in the recent past. It is synonymously used when mentioned with the Vodafone case. Retrospective taxation and its constitutional validity are broadly discussed in this research paper with examples of its effect under direct as well as indirect taxes. A detailed understanding of the Vodafone case is covered along with comments on the present situation in India.
Keywords: Retrospective taxation, Constitutional validity, Direct taxes, Indirect taxes.