Amendment of Section 80-CCD: In Section 80-CCD of the Income Tax Act, for sub-section
4), the following sub-section shall be substituted with effect from the 1st day of April, 2006, namely: (4) Where any amount paid or deposited by the assessee has been allowed as a deduction under sub-section (1), (a) no rebate with reference to such amount shall be allowed under Section 88 for any assessment year ending before the 1st day of April, 2006; (b) no deduction with reference to such amount shall be allowed under Section 80-C for any assessment year beginning on or after the 1st day of April, 2006.".