Amendment to section 80AB removes a statutory exception, changing deduction eligibility under income tax provisions. The Finance Act, 1997 amends section 80AB by omitting the brackets, words, figures and letter "(except section 80M)", so that the specified exception is ... Summary
Amendment to section 80AB removes a statutory exception, changing deduction eligibility under income tax provisions.
The Finance Act, 1997 amends section 80AB by omitting the brackets, words, figures and letter "(except section 80M)", so that the specified exception is removed and section 80AB operates without that exclusion, with the omission effective from the 1st day of April, 1998.
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