Consequential amendments to income tax law remove specified cross-references and revise interest and deduction wording. Consequential amendments under the Finance Act, 1988 amend the Income-tax Act by omitting various cross-references to provisions governing interest on annuity deposits and related transitional sections, substituting a section-range reference in one provision, and rephrasing the statutory description of interest on securities effective from the fiscal commencement date.
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Consequential amendments to income tax law remove specified cross-references and revise interest and deduction wording.
Consequential amendments under the Finance Act, 1988 amend the Income-tax Act by omitting various cross-references to provisions governing interest on annuity deposits and related transitional sections, substituting a section-range reference in one provision, and rephrasing the statutory description of interest on securities effective from the fiscal commencement date.
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