Section 10 of Finance Act 2018 : Amendment of section 36 Income tax

By | April 1, 2018
Print Friendly, PDF & Email
(Last Updated On: April 14, 2018)

Section 10 of Finance Act 2018

[Section 10 of Finance Act 2018 deals with Amendment of section 36. and is covered in CHAPTER III DIRECT TAXES]

Amendment of section 36.

10. In section 36 of the Income-tax Act, in sub-section (1), after clause (xvii), the following clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2017, namely:—

“(xviii)marked to market loss or other expected loss as computed in accordance with the income computation and disclosure standards notified under sub-section (2) of section 145.”.

Finance Act 2018 : Assented by President : Download Print Notification

Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source

Leave a Reply

Your email address will not be published. Required fields are marked *