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    <title>Extension of the sunset date under section 80-IA for the power sector - THE FINANCE (No. 2) BILL, 2014</title>
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    <description>The amendment extends the terminal date for eligibility for deductions under section 80-IA for power-sector undertakings-covering power generation and distribution, laying new transmission or distribution networks, and substantial renovation/modernization of such networks-until 31 March 2017. The change takes effect from 1 April 2015 and applies to assessment year 2015-16 and subsequent assessment years.</description>
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      <description>The amendment extends the terminal date for eligibility for deductions under section 80-IA for power-sector undertakings-covering power generation and distribution, laying new transmission or distribution networks, and substantial renovation/modernization of such networks-until 31 March 2017. The change takes effect from 1 April 2015 and applies to assessment year 2015-16 and subsequent assessment years.</description>
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