https://www.taxtmi.com/acts?id=39579 Where property falls under the second proviso to sub section (1) of section 43CA, sub item (ii) of item (B) in clause (x) of sub section (2) of section 56 is to operate as if the words "ten per cent." are substituted by "twenty per cent.", increasing the substitution rate for valuation adjustments; additionally, clause (IX)'s proviso is expanded to cover clauses (viiac), (viiad), (viiae) and (viiaf) with effect from 1 April 2022. en-us Tue, 30 Mar 2021 15:05:12 +0530 Tue, 30 Mar 2021 15:05:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39579 Where property falls under the second proviso to sub section (1) of section 43CA, sub item (ii) of item (B) in clause (x) of sub section (2) of section 56 is to operate as if the words "ten per cent." are substituted by "twenty per cent.", increasing the substitution rate for valuation adjustments; additionally, clause (IX)'s proviso is expanded to cover clauses (viiac), (viiad), (viiae) and (viiaf) with effect from 1 April 2022. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 15:05:12 +0530 https://www.taxtmi.com/acts?id=39579