Section Text
In section 44AA of the Income-tax Act, in sub-section (2) with effect from the 1st day of April, 1999.--
(a) for the words "forty thousand", at both the places where they occur, the words "one lakh twenty thousand" shall be substituted.
(b) for the words "five hundred thousand", at both the places where they occur, the words "ten lakh" shall be substituted.