Omission of Section 54A: legislative deletion alters the income-tax statute, removing the prior provision effective from commencement. Omission of Section 54A removes that provision from the Income-tax Act by the Finance (No. 2) Act, 1971, with effect from 1 April 1972, operating as a ... Summary
Omission of Section 54A: legislative deletion alters the income-tax statute, removing the prior provision effective from commencement.
Omission of Section 54A removes that provision from the Income-tax Act by the Finance (No. 2) Act, 1971, with effect from 1 April 1972, operating as a statutory deletion that eliminates the relief or mechanism previously provided by that section.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
