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<h1>Amendment to Section 80-IA extends infrastructure tax deduction deadline to March 31, 2017 for power sector projects.</h1> Clause 30 of the Finance (No. 2) Bill, 2014 proposes an amendment to section 80-IA of the Income-tax Act, extending the deadline for certain deductions related to infrastructure development. The amendment changes the cutoff date from 31st March 2014 to 31st March 2017 for undertakings involved in power generation, transmission, and distribution, as well as for substantial renovation and modernization of existing networks. This change is effective from 1st April 2015 and applies to the assessment year 2015-16 and subsequent years.