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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Income-tax Act Section 194C Amended: New Clauses for Housing Authorities, Societies, Trusts, and Universities Effective June 1, 1992.</h1> Section 194C of the Income-tax Act is amended effective June 1, 1992. In sub-section (1), clause (e) is modified by replacing 'society,' with 'society; or.' New clauses (f), (g), (h), and others are introduced. These clauses include any authority constituted in India for housing, city planning, or improvement purposes, societies registered under the Societies Registration Act, 1860, any trust, and universities established under relevant acts or declared by the University Grants Commission Act, 1956.
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