Omission of Twelfth Schedule removes that schedule from the Income tax Act, effective from the stated operative date. Omission of the Twelfth Schedule from the Income-tax Act removes that schedule from the statute as a matter of legislative amendment; the Finance Act, 1986 enacts the deletion and specifies the operative date, extinguishing the schedule's statutory effect from that date.
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.
Omission of Twelfth Schedule removes that schedule from the Income tax Act, effective from the stated operative date.
Omission of the Twelfth Schedule from the Income-tax Act removes that schedule from the statute as a matter of legislative amendment; the Finance Act, 1986 enacts the deletion and specifies the operative date, extinguishing the schedule's statutory effect from that date.
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