TMI BlogAmendment of section 196A.X X X X Extracts X X X X X X X X Extracts X X X X ..... o in the Explanation to clause (35 ) of section 10 shall be substituted; (b ) for the words in cash or by the issue of a cheque or draft or by any other mode , the words by any mode shall be substituted; (c ) the proviso shall be omitted. - Clause 86 of the Bill seeks to amend section 196A of the In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on 10; and to enable credit of income or payment thereof by any mode. Proviso to this sub-section provides that no deduction shall be made under this section from any such income credited or paid on or after the 1st day of April, 2003. It is further proposed to omit the proviso to the said subsection. These amendments will take effect from 1st April, 2020. - statute, statutory provisio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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