Effective date calculation moved to end of financial year for orders in appeal or revision, changing when obligations arise. The amendment changes the temporal benchmark in sub section (7) of section 35 so that time is to be reckoned from the end of the financial year in which ... Summary
Effective date calculation moved to end of financial year for orders in appeal or revision, changing when obligations arise.
The amendment changes the temporal benchmark in sub section (7) of section 35 so that time is to be reckoned from the end of the financial year in which an order was passed in the first appeal or revision, or in which the order sought to be amended was passed, instead of from the date of the respective orders.
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