Amendment of section 33ABA.

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....hes by that date" shall be substituted. - Clause 16 of the Bill seeks to amend section 33ABA of the Income-tax Act relating to Site Restoration Fund. Sub-section (1) of the said section provides that if an assessee has deposited with a special account maintained by assessee for the purposes specified in a scheme approved by Government of India or deposits any amount in Site Restoration acc....

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.... section 288 and the assessee furnishes, along with his return of income, the report of such audit in the prescribed form duly signed and verified by such accountant. It is proposed to amend sub-section (2) of the said section to provide that deduction under sub-section (1) shall not be admissible to assessee unless the accounts of the business or profession of the assessee for the previous yea....