https://www.taxtmi.com/acts?id=46575 Amendment substitutes subsection (1) of Section 80C with a tiered computation for deduction: full deduction where aggregate does not exceed Rs. 5,000; Rs. 5,000 plus 35% of the excess where aggregate exceeds Rs. 5,000 but does not exceed Rs. 10,000; and Rs. 6,750 plus 20% of the excess where aggregate exceeds Rs. 10,000, to be applied in computing total income subject to the section's provisions. en-us Tue, 24 Dec 2024 16:11:21 +0530 Tue, 24 Dec 2024 16:11:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46575 Amendment substitutes subsection (1) of Section 80C with a tiered computation for deduction: full deduction where aggregate does not exceed Rs. 5,000; Rs. 5,000 plus 35% of the excess where aggregate exceeds Rs. 5,000 but does not exceed Rs. 10,000; and Rs. 6,750 plus 20% of the excess where aggregate exceeds Rs. 10,000, to be applied in computing total income subject to the section's provisions. Act-Rules F. Acts / Amendment Acts Tue, 24 Dec 2024 16:11:21 +0530 https://www.taxtmi.com/acts?id=46575