HC: Grants interim stay, 'Retrospective' applicability of Section 50 under Court's scanner

Telangana HC issues notice in writ filed w.r.t amendment to Section 50 (interest on delayed payment of tax), i.e. whether the same would be 'retrospective'; Further, orders that issue whether a notice was liable to be issued to assessee before attachment of his account requires examination; Grants interim stay of the proceedings: Telangana HC...