Amendment to section 87 expands referenced deductions by expressly adding sections 88D and 88E to its scope. With effect from 1 April 2005, the Income tax Act provision that listed eligible deduction sections is amended to substitute an expanded list including ... Summary
Amendment to section 87 expands referenced deductions by expressly adding sections 88D and 88E to its scope.
With effect from 1 April 2005, the Income tax Act provision that listed eligible deduction sections is amended to substitute an expanded list including two additional deduction sections, and the adjacent subsection is amended to insert corresponding references to those added sections.
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