Taxation amendment: Act further alters Finance and Income tax law and specifies retrospective commencement from an earlier date. The Taxation Laws (Amendment) Act, 2001 further amends the Finance Act, 2000 and the Income-tax Act, 1961; it is titled accordingly and is declared to be deemed to have come into force from an earlier specified date, establishing the retroactive commencement of the amendments.
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Taxation amendment: Act further alters Finance and Income tax law and specifies retrospective commencement from an earlier date.
The Taxation Laws (Amendment) Act, 2001 further amends the Finance Act, 2000 and the Income-tax Act, 1961; it is titled accordingly and is declared to be deemed to have come into force from an earlier specified date, establishing the retroactive commencement of the amendments.
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