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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Finance Act 2006 updates Section 199 of the Income-tax Act, changing the effective date to April 1, 2008.</h1> Section 199 of the Income-tax Act has been amended by the Finance Act, 2006. In sub-section (3) of this section, the date '1st day of April, 2006' is replaced with '1st day of April, 2008.' This amendment alters the effective date specified within the provision.