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>Income-tax Act Section 80-O Amended: New Proviso Requires Certificate for Deductions, Defines 'Competent Authority' for Extensions.</h1> Section 80-O of the Income-tax Act was amended effective June 1, 1999, by the Finance Act, 1999. The amendment replaces the existing proviso with language allowing extensions by the competent authority. It introduces a new proviso requiring assessees to submit a certificate with their tax return to claim deductions under this section. Additionally, it defines 'competent authority' as the Reserve Bank of India or any other authorized body regulating foreign exchange transactions.
TaxTMI 
TaxTMI 
