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Applicability of estate duty amendments: lack of state legislative resolution caused cessation of those amendments in Punjab. Section 5A(2) specified that Emergency-era amendments to the Estate Duty Act would apply to agricultural lands in certain States and to other States only after their legislatures passed required resolutions and Central Government notification. Punjab did not pass the requisite resolution and notified the Central Government that no action was necessary, resulting in the cessation of those amendments' effect for agricultural lands in Punjab. Assessing Officers are to be informed of this limited applicability.
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Applicability of estate duty amendments: lack of state legislative resolution caused cessation of those amendments in Punjab.
Section 5A(2) specified that Emergency-era amendments to the Estate Duty Act would apply to agricultural lands in certain States and to other States only after their legislatures passed required resolutions and Central Government notification. Punjab did not pass the requisite resolution and notified the Central Government that no action was necessary, resulting in the cessation of those amendments' effect for agricultural lands in Punjab. Assessing Officers are to be informed of this limited applicability.
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