Applicability of section 44AF ceases for subsequent assessment years, excluding that section from future application. The amendment inserts a new sub section excluding the operation of section 44AF prospectively, so that the special presumptive taxation provision will not apply to assessment years beginning on or after the specified commencement date, thereby removing the section's statutory applicability for future assessment years.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Applicability of section 44AF ceases for subsequent assessment years, excluding that section from future application.
The amendment inserts a new sub section excluding the operation of section 44AF prospectively, so that the special presumptive taxation provision will not apply to assessment years beginning on or after the specified commencement date, thereby removing the section's statutory applicability for future assessment years.
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