Clause 36 - Amendment of section 80-IAC. - Finance Bill, 2020

Amendment of section 80-IAC. 36. In section 80-IAC of the Income-tax Act, with effect from the 1st day of April, 2021, (i ) in sub-section (2 ), for the word seven , the word ten shall be substituted; (ii ) in the Explanation , in clause (ii ), in sub-clause (b ), for the word twenty-five , the words one hundred shall be substituted.