Amendment of Section 194G removes specified subsections, altering the withholding-tax provision under income tax law. The Finance Act, 2003 omits sub-sections (2) and (3) of section 194G of the Income-tax statute, removing those subordinate provisions from the statute with effect from the first day of June, 2003 and thereby altering the statutory structure of the withholding-tax provision.
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Provisions expressly mentioned in the judgment/order text.
Amendment of Section 194G removes specified subsections, altering the withholding-tax provision under income tax law.
The Finance Act, 2003 omits sub-sections (2) and (3) of section 194G of the Income-tax statute, removing those subordinate provisions from the statute with effect from the first day of June, 2003 and thereby altering the statutory structure of the withholding-tax provision.
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