Amendment to a tax deduction provision substitutes the terminal year reference, extending its applicability from April. The amendment substitutes the terminal year figure in the eligibility clause of the Income-tax Act provision, replacing the earlier year with the ... Summary
Amendment to a tax deduction provision substitutes the terminal year reference, extending its applicability from April.
The amendment substitutes the terminal year figure in the eligibility clause of the Income-tax Act provision, replacing the earlier year with the subsequent year and making that substitution operative from the commencement of the fiscal year beginning on the first day of April specified in the amendment.
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