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<h1>1980 Finance Act Amends Income Tax Act: Updates to Sections 34(2)(ii), 38(2), 80A(3), 80P(3), 80HH(9), 80HHA(6.</h1> The Finance (No. 2) Act, 1980 introduces consequential amendments to the Income-tax Act effective from April 1, 1981. These amendments include: inserting 'or clause (iia)' in section 34(2)(ii); substituting '(ii), (iia) and (iii)' in section 38(2); adding 'or section 80-I' in section 80A(3) and section 80P(3); and replacing 'under section 80J' with 'under section 80-I or section 80J' in sections 80HH(9) and 80HHA(6). These changes are intended to update references and ensure consistency across related sections.