Can adjustments be made between one financial year and another regarding the assignment of proceeds from taxes or duties?
Yes, adjustments can be made between one financial year and another regarding the assignment of proceeds from taxes or duties. This is because Section 279(2) states that a law made by Parliament or an order of the President may provide for the manner in which the proceeds are to be calculated, for the time from or at which and the manner in which any payments are to be made, for the making of adjustments between one financial year and another, and for any other incidental or ancillary matters.