Interest on National Savings Certificates now falls within the section 80L tax provision by statutory amendment. Amendment substitutes the clause in section 80L to include interest on National Savings Certificates (VI, VII and VIII issues) issued under the Government Savings Certificates Act, 1959 within the provision, thereby expressly bringing interest from those specified government savings certificates into the section's scope.
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Provisions expressly mentioned in the judgment/order text.
Interest on National Savings Certificates now falls within the section 80L tax provision by statutory amendment.
Amendment substitutes the clause in section 80L to include interest on National Savings Certificates (VI, VII and VIII issues) issued under the Government Savings Certificates Act, 1959 within the provision, thereby expressly bringing interest from those specified government savings certificates into the section's scope.
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