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          <h1>Clarification of Terms in Taxation and Other Laws Act, 2020: Definitions Include 'Notification' and 'Specified Act' for Application Clarity.</h1> The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, defines key terms for its application. 'Notification' refers to announcements in the Official Gazette. 'Specified Act' includes several laws such as the Wealth-tax Act, Income-tax Act, Prohibition of Benami Property Transactions Act, and others related to finance and taxation. Terms not defined within this Act but present in the specified Acts or other related laws like the Central Excise Act, Customs Act, and Finance Act will carry the meanings assigned in those respective legislations.

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