Amendment to section 80B removes an exclusion of section 64, restoring application of previously excluded tax provisions. The amendment deems the words "and without applying the provisions of section 64" omitted from clause (5) of section 80B of the Income-tax Act, 1961, with ... Summary
Amendment to section 80B removes an exclusion of section 64, restoring application of previously excluded tax provisions.
The amendment deems the words "and without applying the provisions of section 64" omitted from clause (5) of section 80B of the Income-tax Act, 1961, with effect from 1 April 1968, thereby restoring the applicability of the provisions previously excluded by that phrase.
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