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of <h1>Income Tax Act Amendment: Changes to Clause (c) u/s 10(39); Sub-clause (ii) Omitted Retroactively.</h1> The Central Government has amended Notification No. S.O. 3129(E) dated 26th September 2017, under section 10(39) of the Income-tax Act, 1961. The amendment involves substituting clause (i) in clause (c) to specify that income arising from receipts from national supporters, including several named corporations, amounts to Rs. 39,39,52,250. Additionally, sub-clause (ii) has been omitted with effect from 26th September 2017. This amendment is issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, under Notification No. 2/2018, dated 18th January 2018.
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