Amendment of section 24.
5. In section 24 of the Income-tax Act, with effect from the 1st day of April, 2020,––
(a) in the first proviso, after the words “the amount of deduction”, the words “or, as the case may be, the aggregate of the amounts of deduction” shall be inserted;
(b) in the second proviso, after the words “the amount of deduction”, the words “or, as the case may be, the aggregate of the amounts of deduction” shall be inserted;
(c) after the Explanation to the third proviso, the following proviso shall be inserted, namely:––
“Provided also that the aggregate of the amounts of deduction under the first and second provisos shall not exceed two lakh rupees.”.
