Programme approval prohibition under income tax bars new approvals after the statutory cutoff, applied by retrospective insertion. An amendment inserts a proviso into subsection (1) of section 35CC of the Income tax Act, providing that no programme shall be approved under this section ... Summary
Programme approval prohibition under income tax bars new approvals after the statutory cutoff, applied by retrospective insertion.
An amendment inserts a proviso into subsection (1) of section 35CC of the Income tax Act, providing that no programme shall be approved under this section after the stated cutoff date and declaring the proviso to be deemed inserted with effect from the following day.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.