Omission of Explanation in income-tax enactment removes the explanatory gloss following the relevant provision, altering statutory text. The Finance Act, 2018 removes the Explanation that followed section 115Q of the Income-tax Act by excising that explanatory text from the statute, ... Summary
Omission of Explanation in income-tax enactment removes the explanatory gloss following the relevant provision, altering statutory text.
The Finance Act, 2018 removes the Explanation that followed section 115Q of the Income-tax Act by excising that explanatory text from the statute, eliminating the prior interpretive or qualifying language and leaving the main provision to operate without that explanatory gloss.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
