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<h1>Finance Bill 2021 amends Income-tax Act Section 36, clarifies clause (va) deductions, excludes Section 43B provisions.</h1> Clause 8 of the Finance Bill, 2021, amends section 36 of the Income-tax Act concerning deductions. It specifically addresses clause (va) in sub-section (1), which deals with deductions for sums received from employees and credited to their accounts by the due date. The amendment introduces Explanation 2, clarifying that section 43B's provisions do not apply in determining this 'due date.' This change is effective from April 1, 2021, impacting the assessment year 2021-2022 and subsequent years.