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Amendment of section 36.

Clause 14 - Bills - DIRECT TAXES - Income-tax - FINANCE BILL, 2017 - Clause 14 - 14. In section 36 of the Income-tax Act, in sub-section (1), in clause (viia), in sub-clause (a), for the words seven and one-half per cent. , the words eight and one-ha .....

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the said section, inter alia, provide that a scheduled bank (not being a bank incorporated by or under the laws of a country outside India) or a non-scheduled bank or a co-operative bank other than a primary agricultural credit society or a primary c .....

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