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<h1>Section 112A Income-tax Act 1961 Amended: Changes to Tax Calculation Clauses, Explanation 1 Omitted. Effective April 1968.</h1> Section 112A of the Income-tax Act, 1961, has been amended by the Taxation Laws (Amendment) Act, 1970, effective from April 1, 1968. The amendment replaces clauses (a) and (b) with new provisions concerning the calculation of income tax. Clause (a) addresses the tax payable on the total income after specific inclusions, while clause (b) deals with tax on interest included in the total income at an average rate. Additionally, Explanation 1 has been omitted, effective from April 1, 1969.