Statutory amendment clarifies credit-balance precedence and omits specified subsections altering tax provisions. The Finance Act, 2016 amends the Finance Act, 2015 by omitting clause (ii) of section 4 effective from the earlier stated date; substituting a 'notwithstanding' qualifier into the provision addressing credit balances to establish its precedence over other law; omitting an entire subsection elsewhere in the Act; and deleting a clause within another subsection, with the latter three changes effective from the later stated date.