Tag Archives: Section 28 of Finance Act 2018

Section 28 of Finance Act 2018 : Amendment of section 80-IAC Income Tax Act

By | April 1, 2018

Section 28 of Finance Act 2018 [Section 28 of Finance Act 2018 deals with Amendment of section 80-IAC. and is covered in CHAPTER III DIRECT TAXES] Amendment of section 80-IAC. 28. In section 80-IAC of the Income-tax Act, in the Explanation below sub-section (4),— (a) for clause (i), the following clause shall be substituted, namely:— ‘(i) “eligible business” means a… Read More »