Section 27 - Amendment of section 80L - Finance Act, 1997

27. Amendment of section 80L In section 80L of the Income-tax Act, in sub-section (1) with effect from the 1st day of April, 1998, - (a) clause (iv) shall be omitted; (b) in clause (x), the words , or dividend received from, shall be omitted; (c) in the proviso, for the word, brackets and figures clause (iv), , the word, brackets and figure clause (i) shall be substituted.