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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Income-tax Act Section 253 Updated: Clause (c) Now Includes References to Sections 12AA and 80G</h1> Section 253 of the Income-tax Act has been amended by the Finance Act, 2007. In sub-section (i), clause (c), the reference to 'under section 12AA' is replaced with 'under section 12AA or under clause (vi) of sub-section (5) of section 80G,' effective from June 1, 2007. This change expands the scope of the clause to include references to both sections 12AA and 80G, impacting the provisions related to direct taxes.