Proviso removal in Section 72 alters the statutory application of clause (1)(i) effective from the stated operative date. Amendment removes the proviso to section 72(1)(i) of the Income-tax Act, effective from the 1st day of April, 2000, thereby eliminating the prior ... Summary
Proviso removal in Section 72 alters the statutory application of clause (1)(i) effective from the stated operative date.
Amendment removes the proviso to section 72(1)(i) of the Income-tax Act, effective from the 1st day of April, 2000, thereby eliminating the prior conditional exception in that clause and changing the statutory application of section 72's clause (i).
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