Omission of section 80J removes a prior deduction under the Income tax Act and applies retrospectively. The Finance (No. 2) Act, 1996 omits section 80J of the Income tax Act and declares that the section shall be deemed to have been omitted with effect from ... Summary
Omission of section 80J removes a prior deduction under the Income tax Act and applies retrospectively.
The Finance (No. 2) Act, 1996 omits section 80J of the Income tax Act and declares that the section shall be deemed to have been omitted with effect from the 1st day of April, 1989, thereby removing the provision and applying that omission retrospectively.
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