Allowance nomenclature change removes 'coal' from specified allowance name, amending rule 2BB under Income tax Rules. The notification amends the Income tax Rules, 1962 by omitting the word coal from the name of the allowance appearing against serial number 12 in the Table in sub rule (2) of rule 2BB; the amendment is effected under section 295 read with sub clause (ii) of clause (14) of section 10 of the Income tax Act, 1961 and comes into force on publication in the Official Gazette.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Allowance nomenclature change removes 'coal' from specified allowance name, amending rule 2BB under Income tax Rules.
The notification amends the Income tax Rules, 1962 by omitting the word coal from the name of the allowance appearing against serial number 12 in the Table in sub rule (2) of rule 2BB; the amendment is effected under section 295 read with sub clause (ii) of clause (14) of section 10 of the Income tax Act, 1961 and comes into force on publication in the Official Gazette.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
