Tag Archives: Section 7 of Finance Act 2018

Section 7 of Finance Act 2018 Amendment of section 16 of Income tax

By | April 1, 2018

Section 7 of Finance Act 2018 [Section 7 of Finance Act 2018 deals with Amendment of section 16. and is covered in CHAPTER III DIRECT TAXES] Amendment of section 16. 7. In section 16 of the Income-tax Act, after clause (i) [as omitted by section 6 of the Finance Act, 2005 (18 of 2005)], the following clause shall… Read More »