Income-tax amendment removes a cross-reference by omitting a sub-clause in the presumptive taxation provision, effective from fiscal commencement. The amendment deletes the cross-reference to an external provision by omitting the specified sub-clause from the subsection governing computation of profits and gains on a presumptive basis for certain residents, thereby narrowing the presumptive-computation rule and taking effect from the stated commencement.
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Provisions expressly mentioned in the judgment/order text.
Income-tax amendment removes a cross-reference by omitting a sub-clause in the presumptive taxation provision, effective from fiscal commencement.
The amendment deletes the cross-reference to an external provision by omitting the specified sub-clause from the subsection governing computation of profits and gains on a presumptive basis for certain residents, thereby narrowing the presumptive-computation rule and taking effect from the stated commencement.
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