Omission of section 80VV: statutory removal of a tax provision from the Income tax Act altering available tax reliefs. The Finance Act, 1985 omits section 80VV from the Income tax Act, removing that tax provision from the statute with legal effect from the first day of ... Summary
Omission of section 80VV: statutory removal of a tax provision from the Income tax Act altering available tax reliefs.
The Finance Act, 1985 omits section 80VV from the Income tax Act, removing that tax provision from the statute with legal effect from the first day of April, 1986, thereby withdrawing the tax relief or regime previously governed by it.
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