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Clause 90 - Amendment of section 206C. - Finance Bill, 2023Extract Amendment of section 206C. 90. In section 206C of the Income-tax Act, in sub-section (1G), with effect from the 1st day of July, 2023, (i) in the long line, for the word, five , the word twenty shall be substituted; (ii) in the first proviso, for the words, and is for a purpose other than purchase of overseas tour program package , the words and is for the purposes of education or medical treatment shall be substituted; (iii) in the second proviso, for the words is for a purpose other than purchase of overseas tour program package , the words is for the purposes of education or medical treatment shall be substituted.
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