https://www.taxtmi.com/acts?id=47051 Amendment to the Income-tax Act effects the omission of clause (ii) of section 47 by virtue of the Finance Act, 1987, with that omission taking effect from the first day of April following enactment. The instrument operates solely by removing the specified clause from the statutory text, thereby altering the legal composition of section 47. en-us Tue, 07 Jan 2025 12:08:57 +0530 Tue, 07 Jan 2025 12:08:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47051 Amendment to the Income-tax Act effects the omission of clause (ii) of section 47 by virtue of the Finance Act, 1987, with that omission taking effect from the first day of April following enactment. The instrument operates solely by removing the specified clause from the statutory text, thereby altering the legal composition of section 47. Act-Rules F. Acts / Amendment Acts Tue, 07 Jan 2025 12:08:57 +0530 https://www.taxtmi.com/acts?id=47051