Interest-tax amendment inserts an additional clause with retrospective effect expanding the Act's section coverage. The Finance Act, 1997 amends the Interest-tax Act by inserting the figures ", 119" after "2(44)" in section 21, and declares that this insertion shall be ... Summary
Interest-tax amendment inserts an additional clause with retrospective effect expanding the Act's section coverage.
The Finance Act, 1997 amends the Interest-tax Act by inserting the figures ", 119" after "2(44)" in section 21, and declares that this insertion shall be deemed to have been inserted with effect from the first day of October, 1991.
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