Exclusion of tax provision: section 115BBD ceases to apply to assessment years beginning on or after the specified date. The Finance Act, 2022 inserts a new sub-section in section 115BBD providing that the provision shall not apply to any assessment year beginning on or ... Summary
Exclusion of tax provision: section 115BBD ceases to apply to assessment years beginning on or after the specified date.
The Finance Act, 2022 inserts a new sub-section in section 115BBD providing that the provision shall not apply to any assessment year beginning on or after 1st April, 2023, thereby removing its applicability to those subsequent assessment years.
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