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<h1>Finance Act 1997 Amends Income-tax Act: Updates Section 115JA with New Clauses for Deductions under Sections 80HHC & 80HHE</h1> The Finance Act, 1997, amends section 115JA of the Income-tax Act by modifying sub-section (2). Clause (vii) is updated to include the word 'or' at its end. Additionally, new clauses (viii) and (ix) are introduced, effective April 1, 1998. Clause (viii) pertains to profits eligible for deduction under section 80HHC, while clause (ix) addresses profits eligible for deduction under section 80HHE. These deductions are subject to specific conditions outlined in their respective sections and sub-sections.