Assessment-period extension under section 80QQA expands the eligible assessment span, altering deduction timing and compliance expectations. The Finance Act amends section 80QQA of the Income-tax Act by substituting the words "four assessment years" with "nine assessment years," thereby ... Summary
Assessment-period extension under section 80QQA expands the eligible assessment span, altering deduction timing and compliance expectations.
The Finance Act amends section 80QQA of the Income-tax Act by substituting the words "four assessment years" with "nine assessment years," thereby extending the period during which the deduction under section 80QQA may be claimed and affecting the timing and compliance framework for such claims.
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