Section 78 - Amendment of section 194G. - Finance Act, 2016

Amendment of section 194G. 78. In section 194G of the Income-tax Act, in sub-section (1), with effect from the 1 st day of June, 2016,- (i) for the words one thousand rupees , the words fifteen thousand rupees shall be substituted; (ii) for the words ten per cent. , the words five per cent. shall be substituted.