Limitation period reduced in clause(42A) of the Income tax Act, shortening the statutory timeframe for related applications. Amendment reduces the temporal threshold in clause(42A) of section 2 of the Income tax Act by substituting 'sixty months' with 'thirty six months', effective from the 1st day of April, 1978, thereby shortening the period used in applications that depend on that clause.
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Provisions expressly mentioned in the judgment/order text.
Limitation period reduced in clause(42A) of the Income tax Act, shortening the statutory timeframe for related applications.
Amendment reduces the temporal threshold in clause(42A) of section 2 of the Income tax Act by substituting "sixty months" with "thirty six months", effective from the 1st day of April, 1978, thereby shortening the period used in applications that depend on that clause.
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