Finance Act 1997 Section 49 - Bare Act |
| State | Central Government |
| Year | 1997 |
| Section Title | Amendment of Section 195 |
In section 195 of the Income-tax Act, in sub-section (1), after the first proviso, the following proviso shall be inserted with effect from the 1st day of June, 1997, namely :-
"Provided further that no such deduction shall be made in respect of any dividends referred to in section 115-O".