Section 27 of Finance Act 2018 : Amendment of section 80DDB Income Tax Act

By | April 1, 2018
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(Last Updated On: April 15, 2018)

Section 27 of Finance Act 2018

[Section 27 of Finance Act 2018 deals with Amendment of section 80DDB. and is covered in CHAPTER III DIRECT TAXES]

Amendment of section 80DDB.

27. In section 80DDB of the Income-tax Act, with effect from the 1st day of April, 2019,—

(a)in the third proviso, for the words “sixty thousand rupees”, the words “one hundred thousand rupees” shall be substituted;
(b)the fourth proviso shall be omitted;
(c)in the Explanation, clause (v) shall be omitted.

Finance Act 2018 : Assented by President : Download Print Notification

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