Commencement clause declares Finance Act's short title and deems most sections to have retrospective effect. The Act is styled the Finance (No. 2) Act, 1998; except as otherwise provided, sections 2 to 98 (except section 51) are deemed to have come into force on the first day of the fiscal year, establishing the temporal application of the Act's substantive provisions.
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Provisions expressly mentioned in the judgment/order text.
Commencement clause declares Finance Act's short title and deems most sections to have retrospective effect.
The Act is styled the Finance (No. 2) Act, 1998; except as otherwise provided, sections 2 to 98 (except section 51) are deemed to have come into force on the first day of the fiscal year, establishing the temporal application of the Act's substantive provisions.
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