Deduction limit under section 80C increased, expanding eligible investment deductions by legislative amendment. Amendment increases the deduction ceiling under section 80C of the Income-tax Act by substituting the prior monetary limit with a higher specified amount, thereby raising the maximum aggregate deduction available under the provision for eligible investments and payments.
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Provisions expressly mentioned in the judgment/order text.
Deduction limit under section 80C increased, expanding eligible investment deductions by legislative amendment.
Amendment increases the deduction ceiling under section 80C of the Income-tax Act by substituting the prior monetary limit with a higher specified amount, thereby raising the maximum aggregate deduction available under the provision for eligible investments and payments.
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