Deemed continuation of omitted income-tax provisions preserves modified dividend and receipt wording for specified assessment years. The enactment deems omitted Income-tax provisions to have applied to specified assessment years subject to precise textual modifications: in section 85 ... Summary
Deemed continuation of omitted income-tax provisions preserves modified dividend and receipt wording for specified assessment years.
The enactment deems omitted Income-tax provisions to have applied to specified assessment years subject to precise textual modifications: in section 85 "owner of the shares" replaces "shareholder" for dividend-related references, and in section 85A and clause (iv) of sub section (1) of section 99 occurrences of the words "received by it" are omitted.
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