Section 7 - Amendment of section 16 - Finance Act, 1992

7. Amendment of section 16 In section 16 of the Income-tax Act, in clause (i), before the Explanation, the following proviso shall be inserted with effect from the 1st day of April, 1993, namely :- Provided that in the case of an assessee, being a woman, whose total income before making any deduction under this clause does not exceed seventy-five thousand rupees, the provisions of this clause shall have effect as if for the words twelve thousand rupees , the words fifteen thousand rupees had been substituted. .