Section 80-IA amendment removes gas network provisions and revises eligibility time limits for tax incentives. Amendment to section 80-IA removes the provision for cross-country natural gas distribution networks and omits a related qualifying clause, revises multiple cut-off dates by substituting later dates for earlier ones (with one substitution deemed retrospective), and replaces the Explanation to declare that the section does not apply to businesses that are works contracts awarded by any person and executed by the undertaking, with that clarification deemed retrospective.
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.
Section 80-IA amendment removes gas network provisions and revises eligibility time limits for tax incentives.
Amendment to section 80-IA removes the provision for cross-country natural gas distribution networks and omits a related qualifying clause, revises multiple cut-off dates by substituting later dates for earlier ones (with one substitution deemed retrospective), and replaces the Explanation to declare that the section does not apply to businesses that are works contracts awarded by any person and executed by the undertaking, with that clarification deemed retrospective.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
