Section 80LA amendment extends the statutory reference year, delaying eligibility expiry under income tax rules by one year. Amendment to section 80LA substitutes the figures '2024' with '2025' in sub section (2), clause (d), thereby deferring the statutory reference year in that clause by one year; the change is a textual update in the Finance Bill, 2024 and extends the referenced eligibility or applicability timeframe without adding new substantive conditions.
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Provisions expressly mentioned in the judgment/order text.
Section 80LA amendment extends the statutory reference year, delaying eligibility expiry under income tax rules by one year.
Amendment to section 80LA substitutes the figures "2024" with "2025" in sub section (2), clause (d), thereby deferring the statutory reference year in that clause by one year; the change is a textual update in the Finance Bill, 2024 and extends the referenced eligibility or applicability timeframe without adding new substantive conditions.
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