Tag Archives: Section 42 of Finance Act 2018 : Amendment of section 115R Income Tax Act

Section 42 of Finance Act 2018 : Amendment of section 115R Income Tax Act

By | April 1, 2018

Section 42 of Finance Act 2018 [Section 42 of Finance Act 2018 deals with Amendment of section 115R. and is covered in CHAPTER III DIRECT TAXES] Amendment of section 115R. 42. In section 115R of the Income-tax Act, in sub-section (2),— (A) for clause (i) to clause (iii), the following clauses shall be substituted, namely:— “(i) twenty-five per… Read More »