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    <title>Amendment of section 73</title>
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    <description>Reduction of the carry-forward period for business losses under section 73(4) of the Income-tax Act from eight assessment years to four assessment years by substitution in sub-section (4), shortening the time during which prior-year business losses may be carried forward and set off; the substitution takes effect from the 1st day of April, 2006 under the Finance Act, 2005.</description>
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      <description>Reduction of the carry-forward period for business losses under section 73(4) of the Income-tax Act from eight assessment years to four assessment years by substitution in sub-section (4), shortening the time during which prior-year business losses may be carried forward and set off; the substitution takes effect from the 1st day of April, 2006 under the Finance Act, 2005.</description>
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