Clause 52 - Amendment of section 115BAB. - Finance Bill, 2020

Amendment of section 115BAB. 52. In section 115BAB of the Income-tax Act, in sub-section (2 ), ( i ) in clause ( c ), in sub-clause ( i ), for the words, figures and letters Chapter VI-A under the heading C.-Deductions in respect of certain incomes other than the provisions of section 80JJAA , the words, figures and letters Chapter VI-A other than the provisions of section 80JJAA or section 80M shall be substituted; ( ii ) after clause (c ), the following Explanation shall be inserted, namely: ' Explanation . For the purposes of clause (b ), the business of manufacture or production of any article or thing shall include the business of generation of electricity.'.