Section – 293C : Power to withdraw approval
March 7, 2018
Section – 294A : Power to make exemption, etc., in relation to certain Union territories
March 7, 2018

Section – 294 : Act to have effect pending legislative provision for charge of tax

294. If on the 1st day of April in any assessment year provision has not yet been made by a Central Act for the charging of income-tax for that assessment year, this Act shall nevertheless have effect until such provision is so made as if the provision in force in the preceding assessment year or the provision proposed in the Bill then before Parliament, whichever is more favourable to the assessee, were actually in force.

Leave a Reply

Your email address will not be published. Required fields are marked *

13 + = 19

Stay Connected

Never miss out on what’s new in GST,
Accounting, TDS, and Tax compliance.

Subscribe to our newsletter.

Connect with us on WhatsAapp.

Want to know more about HostBooks?

We'll help you out!

7 + 2 =
Please contact me by: