Omission of section 53: Finance Act, 1992 removes the provision from the Income-tax Act entirely. The Finance Act, 1992 omits section 53 of the Income-tax Act, with the omission taking effect on the first day of April, 1993, thereby removing that ... Summary
Omission of section 53: Finance Act, 1992 removes the provision from the Income-tax Act entirely.
The Finance Act, 1992 omits section 53 of the Income-tax Act, with the omission taking effect on the first day of April, 1993, thereby removing that provision and its legal effects from the statute.
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