TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Section 80L: Deduction for Bank Deposit Interest Revised, New Clause Added, Effective April 1, 1984.</h1> Section 80L of the Income-tax Act was amended by the Finance Act, 1983, effective April 1, 1984. A new clause (via) was added to include interest on deposits with certain banks established by or under laws made by Parliament, as approved by the Central Government. Additionally, the deduction limit was revised. If the income does not exceed seven thousand rupees, the entire amount is deductible; for other cases, the deduction is capped at seven thousand rupees.
TaxTMI 
TaxTMI 
