Relief under section 89: included in self-assessment tax, interest and assessed-tax calculations with retrospective effect. Section 140A is amended to require that any relief of tax claimed under section 89 be deducted when determining self assessment tax payable under sub section (1), when computing interest under sub section (1A), and when ascertaining 'assessed tax' under the Explanation to sub section (1B); the amendments operate retrospectively to the beginning of the 2007 08 assessment period and apply to that and subsequent assessment years.
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Provisions expressly mentioned in the judgment/order text.
Relief under section 89: included in self-assessment tax, interest and assessed-tax calculations with retrospective effect.
Section 140A is amended to require that any relief of tax claimed under section 89 be deducted when determining self assessment tax payable under sub section (1), when computing interest under sub section (1A), and when ascertaining "assessed tax" under the Explanation to sub section (1B); the amendments operate retrospectively to the beginning of the 2007 08 assessment period and apply to that and subsequent assessment years.
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