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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Finance Act 1981 amends Income-tax Act Section 36(1)(viii) to adjust tax limit calculations, effective April 1, 1982.</h1> In section 36 of the Income-tax Act, sub-section (1), clause (viii), the Finance Act of 1981 amends the second proviso by inserting the words 'twice the amount of' after 'time to time exceeds.' This amendment is effective from April 1, 1982, and pertains to the calculation of certain tax-related limits or allowances under the specified clause.
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