https://www.taxtmi.com/acts?id=4324 Section 80L formerly provided a statutory deduction for specified incomes such as interest on defined securities and deposits and certain dividends, subject to an aggregate ceiling with full allowance below the threshold and a fixed deduction otherwise; it included eligibility tied to the paying institution or instrument, provisos for additional relief where amounts remained unallowed, and a rule precluding duplicate deductions for partners or members where income derived from assets held by firms or associations, but the section has since been omitted. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 12:57:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4324 Section 80L formerly provided a statutory deduction for specified incomes such as interest on defined securities and deposits and certain dividends, subject to an aggregate ceiling with full allowance below the threshold and a fixed deduction otherwise; it included eligibility tied to the paying institution or instrument, provisos for additional relief where amounts remained unallowed, and a rule precluding duplicate deductions for partners or members where income derived from assets held by firms or associations, but the section has since been omitted. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4324