Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>1970 Taxation Laws Amendment impacts Income-tax, Wealth-tax, Gift-tax, and Surtax Acts, effective April 1, 1971.</h1> The Taxation Laws (Amendment) Act, 1970, enacted by the Indian Parliament, amends the Income-tax Act, 1961, the Wealth-tax Act, 1957, the Gift-tax Act, 1958, and the Companies (Profits) Surtax Act, 1964. It received presidential assent on December 12, 1970, and is scheduled to take effect on April 1, 1971, unless specified otherwise within the Act.