Omission of deduction provision: Finance Act removes the specified income tax deduction, effective from the Act's commencement. The Finance Act, 1985 effects deletion of the specified income tax deduction provision by omitting section 80F from the Income tax Act; the statutory ... Summary
Omission of deduction provision: Finance Act removes the specified income tax deduction, effective from the Act's commencement.
The Finance Act, 1985 effects deletion of the specified income tax deduction provision by omitting section 80F from the Income tax Act; the statutory omission operates from the amending Act's commencement, removing eligibility to claim that particular deduction for periods on and after commencement.
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