Section 73 of DSTA : Section 73: Repeal And Savings
DSTA
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Explanation using Example
Imagine a business in Delhi, ABC Traders, was assessed for sales tax under the old Bengal Finance (Sales Tax) Act, 1941, and found to owe additional taxes for the year 1974. ABC Traders disagreed with the assessment and filed a revision application with the Commissioner. However, before the Commissioner could decide on the application, The Delhi Sales Tax Act, 1975 came into force, repealing the Bengal Finance (Sales Tax) Act, 1941.
Under Section 73 of the new Act, the repeal of the old Act d...
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