TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2017: Amendment to Section 80CCG Ends Deductions for Equity Savings from April 2018</h1> Clause 34 of the Finance Bill, 2017 amends section 80CCG of the Income-tax Act, which pertains to deductions for investments in equity savings schemes. The amendment introduces sub-section (5), effective from April 1, 2018, disallowing deductions for assessment years starting on or after this date. However, individuals who acquired listed equity shares or units before April 1, 2017, and claimed deductions will continue to be eligible for deductions until the assessment year commencing April 1, 2019, provided they meet other eligibility criteria. The amendment affects assessment years from 2018-2019 onwards.
TaxTMI 
TaxTMI 
