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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Income-tax Act Amendment: Section 49 Updated to Include Clause (viaa) in Sub-section (1), Clause (iii), Sub-clause (e).</h1> In the Finance Act, 2005, section 49 of the Income-tax Act is amended. Specifically, in sub-section (1), clause (iii), sub-clause (e), the amendment involves the insertion of the words, brackets, figures, and letters 'or clause (viaa)' following the existing 'or clause (via).' This change expands the applicability of the provisions within this section of the Income-tax Act.