MEMORANDUM REGARDING DELEGATED LEGISLATION

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..... me of an assessee, being an individual or a Hindu undivided family, there shall be deducted, the whole of the amount, to the extent such amount does not exceed twenty thousand rupees, paid or deposited, during the previous year relevant to the assessment year beginning on the 1st day of April, 2011, as subscription to long-term infrastructure bonds as may, for the purposes of this section be notif .....

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..... ich may arise in implementing, classifying or assessing the value of any taxable service incorporated by the proposed legislation. The proviso to the said sub-section seeks to provide that any such order shall not be made after the expiry of a period of one year from the date on which the Finance Bill, 2010 receives the assent of the President. Sub-clause (7) of clause 82 of the Bill seeks to empo .....

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..... nt and the orders made under sub-clause (D) of clause 75 of the Bill as may be enacted shall be laid before Parliament. The delegation of legislative power is, therefore, of a normal character. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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