Deduction eligibility under income tax revised to include receipts qualifying for deduction under the related section 36 clause. Amendment to section 80L adds an explicit cross reference to deductions available under clause (viii) of sub section (1) of section 36: clause (vii) is amended to include receipts eligible under that clause and its proviso is omitted; clause (x) is substituted to cover receipts for residential purposes that are eligible for deduction under clause (viii) of sub section (1) of section 36.
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Provisions expressly mentioned in the judgment/order text.
Deduction eligibility under income tax revised to include receipts qualifying for deduction under the related section 36 clause.
Amendment to section 80L adds an explicit cross reference to deductions available under clause (viii) of sub section (1) of section 36: clause (vii) is amended to include receipts eligible under that clause and its proviso is omitted; clause (x) is substituted to cover receipts for residential purposes that are eligible for deduction under clause (viii) of sub section (1) of section 36.
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