https://www.taxtmi.com/acts?id=20406 Clause 20 amends section 35CCD(1) to replace the phrase "an amount equal to one and one-half times of" with "a sum equal to", thereby converting the current enhanced weighted deduction for qualifying expenditure on Board notified skill development projects into a straight deduction; subsection (2)'s bar on claiming the same expenditure under other provisions is preserved. The amendment is to take effect from the stated operative date and apply to the specified assessment year and subsequent years. en-us Mon, 29 Feb 2016 16:21:15 +0530 Mon, 29 Feb 2016 16:21:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20406 Clause 20 amends section 35CCD(1) to replace the phrase "an amount equal to one and one-half times of" with "a sum equal to", thereby converting the current enhanced weighted deduction for qualifying expenditure on Board notified skill development projects into a straight deduction; subsection (2)'s bar on claiming the same expenditure under other provisions is preserved. The amendment is to take effect from the stated operative date and apply to the specified assessment year and subsequent years. Act-Rules Bill Mon, 29 Feb 2016 16:21:15 +0530 https://www.taxtmi.com/acts?id=20406