Removal of a tax provision alters the statutory framework of the Income-tax Act and eliminates the former Section's effect. Omission of Section 88 removes that provision from the Income-tax Act under the Finance Act, deleting the specified section without replacement and ... Summary
Removal of a tax provision alters the statutory framework of the Income-tax Act and eliminates the former Section's effect.
Omission of Section 88 removes that provision from the Income-tax Act under the Finance Act, deleting the specified section without replacement and leaving the remaining statutory framework and ancillary rules to govern matters formerly covered by the omitted provision.
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