Omission of Section 80-I removes a statutory deduction provision under the Income tax Act, effective at fiscal commencement. Omission of Section 80-I withdraws the income-tax deduction provision; the Finance Act, 1972 omits that section with effect from the commencement of the ... Summary
Omission of Section 80-I removes a statutory deduction provision under the Income tax Act, effective at fiscal commencement.
Omission of Section 80-I withdraws the income-tax deduction provision; the Finance Act, 1972 omits that section with effect from the commencement of the specified fiscal year, terminating future claims under the deleted provision and requiring tax administration to proceed without it.
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