Limitation of eligibility under section 35AB: temporal cutoff restricts qualifying previous years to those before the specified assessment year. Amendment narrows the temporal scope of the investment-linked deduction under section 35AB by substituting the open-ended phrase 'in any previous year' with wording confining eligibility to previous years relevant to assessments commencing on or before a specified assessment year, and provides that the substitution has effect from the statutory commencement date, thereby imposing a temporal cutoff for qualifying previous years.
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.
Limitation of eligibility under section 35AB: temporal cutoff restricts qualifying previous years to those before the specified assessment year.
Amendment narrows the temporal scope of the investment-linked deduction under section 35AB by substituting the open-ended phrase "in any previous year" with wording confining eligibility to previous years relevant to assessments commencing on or before a specified assessment year, and provides that the substitution has effect from the statutory commencement date, thereby imposing a temporal cutoff for qualifying previous years.
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