Tax deduction provision amendment shortens the required holding period and postpones the enactment applicability date. Amendment modifies section 80CC by substituting a later statutory reference date in sub-section (3)(c) and by reducing the mandatory holding duration in ... Summary
Tax deduction provision amendment shortens the required holding period and postpones the enactment applicability date.
Amendment modifies section 80CC by substituting a later statutory reference date in sub-section (3)(c) and by reducing the mandatory holding duration in sub-section (5), thereby changing the temporal applicability and shortening the period required to qualify for the tax deduction under that provision.
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