Prospective non-application of section 180: amendment excludes the provision from later assessment years, limiting its temporal reach. The amendment inserts a proviso excluding application of section 180 in relation to any previous year relevant to assessment years commencing on or after ... Summary
Prospective non-application of section 180: amendment excludes the provision from later assessment years, limiting its temporal reach.
The amendment inserts a proviso excluding application of section 180 in relation to any previous year relevant to assessment years commencing on or after the specified operative date, creating a prospective non-application of that provision for those later assessment years.
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