Clause 54 - Amendment of section 115BBDA. - Finance Bill, 2020

Amendment of section 115BBDA. 54. In section 115BBDA of the Income-tax Act, (a ) in sub-section (1 ), for the words or companies , the words, figures and letters or companies on or before the 31st day of March, 2020 shall be substituted with effect from the 1st day of April, 2021; (b ) in the Explanation , in clause (b ), in sub-clause (iii ), for the words, figures and letters under section 12A or section 12AA , the words, figures and letters under section 12A or section 12AA or section 12AB shall be substituted with effect from the 1st day of June, 2020.