Commencement of legislation: amendment provides immediate commencement for a specific section and retrospective commencement for remaining provisions. The Income-tax (Second Amendment) Act, 1981 provides that Section 3 shall come into force immediately, while the remaining provisions are deemed to have ... Summary
Commencement of legislation: amendment provides immediate commencement for a specific section and retrospective commencement for remaining provisions.
The Income-tax (Second Amendment) Act, 1981 provides that Section 3 shall come into force immediately, while the remaining provisions are deemed to have come into force retrospectively from 11th July, 1981, creating a dual commencement mechanism distinguishing immediate effect for one provision and retrospective effect for the rest.
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