Clause 8 - Amendment of section 13. - Finance Bill, 2025

Amendment of section 13. 8. In section 13 of the Income-tax Act, in sub-section (3), (i) for clause (b), the following clause shall be substituted, namely: (b) any person whose total contribution to the trust or institution, during the relevant previous year exceeds one lakh rupees, or, in aggregate up to the end of the relevant previous year exceeds ten lakh rupees, as the case may be; ; (ii) in clause (d), the word person, shall be omitted; (iii) in clause (e), the brackets and letter (b), shall be omitted.