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of <h1>Income-tax Act Section 80JJ Amended: Increased Thresholds and Revised Deduction Rules for Aggregate Profits and Poultry Farming.</h1> Section 80JJ of the Income-tax Act is amended effective April 1, 1981. In clause (a), the monetary threshold is increased from ten thousand rupees to fifteen thousand rupees. Clause (b) is replaced to stipulate that in any other case, the deduction is one-fifth of the aggregate profits and gains or fifteen thousand rupees, whichever is higher. However, when calculating the aggregate profits and gains from poultry farming, any amount exceeding seventy-five thousand rupees is disregarded.
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