Amendment of section 80D

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... be inserted with effect from the 1st day of April, 2014.   - Clause 12 of the Bill seeks to amend section 80D of the Incometax Act relating to deduction in respect of health insurance premia.     The existing provisions of clause (a) of sub-section (2) of section 80D provide that the whole of the amount paid in the previous year out of the income of the assessee,....