Amendment of section 17

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... roviso occurring after sub-clause (viii), clause (v) shall be omitted with effect from the 1st day of April, 2019. - Clause 8 of the Bill seeks to amend section 17 of the Income-tax Act relating .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ear shall not be treated as perquisite in the hands of the employee. It is proposed to omit the said clause ( v ). This amendment will take effect from 1st April, 2019 and will, accordingly, app .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X