Amendment to section 24 proviso delays the effective date and raises the deduction threshold under income tax. Amendment to section 24 revises the second proviso to sub section (2) by substituting a later operative date and increasing the specified deduction ... Summary
Amendment to section 24 proviso delays the effective date and raises the deduction threshold under income tax.
Amendment to section 24 revises the second proviso to sub section (2) by substituting a later operative date and increasing the specified deduction ceiling, effecting a textual substitution in the statute so that the proviso will apply from the new effective date at the raised monetary limit.
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