Quick Summary
Following the Honble Supreme Courts decision in Writ Petition (C) No. 59/2013 with 1283/2021, certain amendments have been made in clause (26AAA) of section 10 of the Income-tax Act, 1961 by the Finance Act, 2023. For the purposes of removal of doubts, it is hereby clarified that the term Sikkimese defined for the purposes of the said clause, isonly for the purposes of the Income-tax Act, 1961, and not for any other purpose.
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The CBDT has amended clause (26AAA) of Section 10 of the Income-tax Act, 1961.
The amendments were introduced by the Finance Act, 2023.
The amendments were made following a decision by the Hon'ble Supreme Court in Writ Petition (C) No. 59/2013 with 1283/2021.
It is clarified that the term 'Sikkimese' as defined for the purposes of clause (26AAA) is solely for the Income-tax Act, 1961, and not for any other purpose.
No, the clarification states that the definition of 'Sikkimese' is only for the purposes of the Income-tax Act, 1961.
CAclubindia
