TypeBare Act JurisdictionCentral Government Enacted1985

Finance Act, 1985 Section 15

Amendment of Section 58

Section Text


In section 58 of the Income-tax Act, in clause (a) of sub-section (1), after sub-clause (i), the following sub-clause shall be inserted with effect from the 1st day of April, 1986, namely :-

"(ia) any expenditure of the nature referred to in sub-section (12) of section 40A.".