Section 245C monetary threshold increased, raising the proviso limit and changing applicability from 1 July 1995. Amendment increases the monetary threshold in the proviso to clause (b) of section 245C of the Income-tax Act by substituting a higher sum for the earlier prescribed amount, with statutory effect from 1 July 1995, thereby changing the limit that governs the proviso's applicability.
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.
Section 245C monetary threshold increased, raising the proviso limit and changing applicability from 1 July 1995.
Amendment increases the monetary threshold in the proviso to clause (b) of section 245C of the Income-tax Act by substituting a higher sum for the earlier prescribed amount, with statutory effect from 1 July 1995, thereby changing the limit that governs the proviso's applicability.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.