Section 80T - Omitted - Income-tax Act, 1961

Deduction in respect of long-term capital gains in the case of assessees other than companies. 80T. 1 [****] ------------------------------- Notes :- 1. Omitted by the Finance Act, 1987, w.e.f. 1-4-1988 . Original section was inserted by the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968 in replacement of section 114. Prior to its omission, section 80T was amended by the Finance (No. 2) Act, 1971, w.e.f. 1-4-1972, the Finance (No. 2) Act, 1974, w.e.f. 1-4-1975, the Finance (No. 2) Act, 1980, w.e.f. 1-4-1981, the Finance Act, 1982, w.e.f. 1-4-1983 and the Finance Act, 1986, w.e.f. 1-4-1987.