<h1>Finance Bill 2008: New Tax Exemptions for Agricultural Committees and Coir Board; Changes to Sections 10A, 10B, and 40.</h1> The Finance Bill, 2008 introduced several amendments to the Income-tax Act. A new clause exempts income for agricultural produce market committees from April 1, 2009. The Coir Board is included in tax exemptions retroactively from April 1, 2002. Sections 10A and 10B extend certain tax provisions from 2010 to 2011. Amendments to section 40 adjust tax deduction timelines, allowing deductions for taxes paid after the due date in specific circumstances. Sub-clause (ib) in section 40 is removed effective April 1, 2009. These changes aim to refine tax regulations and provide clarity on deductions and exemptions.