Amendment to section 115BAB shifts the specified commencement year, altering eligibility timing under the special corporate tax regime. The Finance Act, 2022 modifies the Income-tax Act by substituting the calendar-year figure in sub section (2)(a) of section 115BAB, replacing the previously specified year with a new year, thereby shifting the statutory reference that governs the timing of applicability and eligibility under the special corporate tax regime.
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 section 115BAB shifts the specified commencement year, altering eligibility timing under the special corporate tax regime.
The Finance Act, 2022 modifies the Income-tax Act by substituting the calendar-year figure in sub section (2)(a) of section 115BAB, replacing the previously specified year with a new year, thereby shifting the statutory reference that governs the timing of applicability and eligibility under the special corporate tax regime.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.