TMI BlogAmendment of section 80-IBA.X X X X Extracts X X X X X X X X Extracts X X X X ..... Clause 38 of the Bill seeks to amend section 80-IBA of the Income-tax Act relating to deductions in respect of profits and gains from housing projects. The provisions of sub-section (1) of the said section provide for hundred per cent. deduction of the profits and gains derived from the business of developing and building affordable housing projects subject to certain conditions. Further, the p ..... X X X X Extracts X X X X X X X X Extracts X X X X
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