Section 21 - Amendment of section 43B - Finance Act, 2003

21. Amendment of section 43B.- In section 43B of the Income-tax Act, with effect from the 1st day of April, 2004,- (a) in clause (e) ,- (i) for the words "term loan", the words "loan or advances" shall be substituted; (ii) for the words "such loan", the words "such loan or advances" shall be substituted; (b) in the first proviso, the words, brackets and letters "referred to in clause (a) or clause (c) or clause (d) or clause (e) or clause (f) " shall be omitted; (c) the second proviso shall be omitted.