Amendment of section 87A.

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....bstituted; (II) for the words "twenty-five thousand rupees", the words "sixty thousand rupees" shall be substituted; (ii) in clause (b), for the words "seven hundred thousand rupees" at both the places where they occur, the words "twelve hundred thousand rupees" shall be substituted; (b) after the proviso, the following proviso shall be inserted, namely:-- "Provided f....

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.... less. Proviso to the said section provides that where the total income of the assessee is chargeable to tax under sub-section (1A) of section 115BAC, and the total income- (a) does not exceed seven hundred thousand rupees, the assessee shall be entitled to a deduction from the amount of income-tax (as computed before allowing for the deductions under this Chapter) on his total income ....