Section 80C amendment clarifies "consisting, in either case, only of" language and applies specified retrospective effect. The amendment substitutes wording in two clauses of section 80C to read "consisting, in either case, only of" (clause (g)) and "or, where the assessee is ... Summary
Section 80C amendment clarifies "consisting, in either case, only of" language and applies specified retrospective effect.
The amendment substitutes wording in two clauses of section 80C to read "consisting, in either case, only of" (clause (g)) and "or, where the assessee is an association of persons or a body of individuals consisting, in either case, only of" (clause (h)), and declares these substitutions effective from specified retrospective commencement dates.
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