Repeal and saving preserves acts taken under the prior ordinance as effective under the Act as amended by this Act. The statute repeals the Income-tax (Amendment) Ordinance, 1999 while providing that anything done or any action taken under the Income-tax Act as amended ... Summary
Repeal and saving preserves acts taken under the prior ordinance as effective under the Act as amended by this Act.
The statute repeals the Income-tax (Amendment) Ordinance, 1999 while providing that anything done or any action taken under the Income-tax Act as amended by that Ordinance shall be deemed to have been done or taken under the Income-tax Act as amended by this Act, thereby validating prior measures despite repeal.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.