Tax deduction rate change under section 36 increases allowable deduction for specified expenditures after the statutory amendment. Amendment increases the allowable deduction rate under section 36, substituting the percentage in clause (viia)(a) with a higher percentage, with the substituted rate applying from the commencement date specified by the Finance Act, 1993 for relevant assessment periods.
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.
Tax deduction rate change under section 36 increases allowable deduction for specified expenditures after the statutory amendment.
Amendment increases the allowable deduction rate under section 36, substituting the percentage in clause (viia)(a) with a higher percentage, with the substituted rate applying from the commencement date specified by the Finance Act, 1993 for relevant assessment periods.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.