Section 80HHF deduction rates phased down across successive assessment years under Finance Act amendment provision The amendment establishes a temporal step-down of the deduction under section 80HHF, specifying that the allowable deduction rate is reduced in stages across successive assessment years; taxpayers and administrators must apply the specified percentage entitlement for each relevant assessment year when computing the deduction under section 80HHF.
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Provisions expressly mentioned in the judgment/order text.
Section 80HHF deduction rates phased down across successive assessment years under Finance Act amendment provision
The amendment establishes a temporal step-down of the deduction under section 80HHF, specifying that the allowable deduction rate is reduced in stages across successive assessment years; taxpayers and administrators must apply the specified percentage entitlement for each relevant assessment year when computing the deduction under section 80HHF.
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