Amendment to fiscal law requires explicit reporting of quantified revenue shortfalls and expenditure excesses. The amendment to section 8(2) omits clause (ca) and inserts clause (da) requiring disclosure of 'the level of short fall in revenue or excess of expenditure under sub section (2) of section 7', thereby imposing an explicit requirement to quantify revenue shortfalls and expenditure excesses tied to section 7(2).
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.
Amendment to fiscal law requires explicit reporting of quantified revenue shortfalls and expenditure excesses.
The amendment to section 8(2) omits clause (ca) and inserts clause (da) requiring disclosure of "the level of short fall in revenue or excess of expenditure under sub section (2) of section 7", thereby imposing an explicit requirement to quantify revenue shortfalls and expenditure excesses tied to section 7(2).
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
