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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Finance Act 2015 amends Section 203A of Income-tax Act; exempts specific persons as notified by Central Government.</h1> Section 203A of the Income-tax Act was amended by the Finance Act, 2015, to include a new sub-section (3), effective from June 1, 2015. This new provision specifies that the requirements of section 203A will not apply to certain persons as notified by the Central Government.