Income-tax amendment declares short title and deems the Act to commence from the applicable fiscal commencement date. Amendment to the Income-tax Act, 1961 by the Income-tax (Amendment) Act, 1963, provides the short title Income-tax (Amendment) Act, 1963 and a ... Summary
Income-tax amendment declares short title and deems the Act to commence from the applicable fiscal commencement date.
Amendment to the Income-tax Act, 1961 by the Income-tax (Amendment) Act, 1963, provides the short title Income-tax (Amendment) Act, 1963 and a commencement rule by which the Act "shall be deemed to have come into force" on the first day of the relevant fiscal year, fixing the operative date for its amendments.
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