Statutory cross reference amendment expands section 57's scope to include the newly inserted sub section of section 32. Amendment substitutes in section 57 the cross-reference to sub-sections (1) and (2) of section 32 with sub-sections (1), (1A) and (2) of section 32, thereby including the newly inserted sub-section (1A) of section 32 within the scope of section 57's application to depreciation-related computations while leaving the remainder of section 57's text intact.
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.
Statutory cross reference amendment expands section 57's scope to include the newly inserted sub section of section 32.
Amendment substitutes in section 57 the cross-reference to sub-sections (1) and (2) of section 32 with sub-sections (1), (1A) and (2) of section 32, thereby including the newly inserted sub-section (1A) of section 32 within the scope of section 57's application to depreciation-related computations while leaving the remainder of section 57's text intact.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
