Section 18 - Amendment of section 80JJ - Finance (No. 2) Act, 1980

18. Amendment of section 80JJ In section 80JJ of the Income-tax Act, with effect from the 1st day of April, 1981, - (a) in clause (a), for the words ten thousand rupees , the words fifteen thousand rupees shall be substituted; (b) for clause (b), the following clause shall be substituted, namely :- (b) in any other case, one-fifth of the aggregate amount of such profits and gains or fifteen thousand rupees, whichever is higher : Provided that in computing the aggregate amount of such profits and gains in a case where the profits and gains derived from a business of poultry farming exceed seventy-five thousand rupees, such excess shall be ignored. .