Finance Acts

Section - 5 - Amendment of section 9A

Amendment of section 9A.

5. In section 9A of the Income-tax Act,-

(a)- in sub-section (3), in clause (c),-
(i)- the words "or indirectly" shall be omitted;
(ii)- after the words "the corpus of the fund", the words "as on the first day of April and the first day of October of the previous year" shall be inserted;
(iii)- after the proviso, the following proviso shall be inserted, namely:-
-"Provided further.... To read the full section download the app from Google Play store