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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Income-tax Act Section 158BI Repealed Retrospectively from September 2024 by Finance Act 2025</h1> Section 158BI of the Income-tax Act is omitted and deemed to have been omitted retrospectively from September 1, 2024, as per section 55 of the Finance Act, 2025. This statutory amendment completely removes the provisions previously contained in section 158BI from the tax code, with the repeal taking effect from the specified date.