Applicability of section 241A suspended retroactively to the start of the fiscal year, removing its application going forward. An amendment to the Income tax Act inserts a proviso into section 241A stating that the provision shall not apply from the first day of April, 2023, thereby disapplying section 241A with effect from the commencement of that fiscal period.
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.
Applicability of section 241A suspended retroactively to the start of the fiscal year, removing its application going forward.
An amendment to the Income tax Act inserts a proviso into section 241A stating that the provision shall not apply from the first day of April, 2023, thereby disapplying section 241A with effect from the commencement of that fiscal period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.