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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Banking Cash Transaction Tax: Nationwide Application Since June 1, 2005, Excludes Jammu and Kashmir under Finance Act, 2005.</h1> This statutory provision outlines the extent, commencement, and application of the Banking Cash Transaction Tax under the Finance Act, 2005. It specifies that the Chapter applies to the entire country of India, excluding the State of Jammu and Kashmir. The provisions came into effect on June 1, 2005, and are applicable to taxable banking transactions conducted on or after this date.