Omission of section 80TT removes a previously available income tax deduction and withdraws eligibility under the amended law. The Finance Act, 1986 removes section 80TT of the Income-tax Act, eliminating the specific deduction previously available under that provision and ... Summary
Omission of section 80TT removes a previously available income tax deduction and withdraws eligibility under the amended law.
The Finance Act, 1986 removes section 80TT of the Income-tax Act, eliminating the specific deduction previously available under that provision and withdrawing taxpayer eligibility; the omission is made operative from the commencement date specified in the amending enactment.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.