Amendment of section 43B. - any sum payable by the assessee to ...
Section 43B Amended: Deduction for Railway Asset Payments Allowed Only If Paid by Tax Return Due Date.
March 1, 2016
Act Rules Bill
Amendment of section 43B. - any sum payable by the assessee to the Indian Railways for use of railway assets shall be allowed as deduction only, if it is actually paid on or before the due date of furnishing the return of income of the relevant previous year.
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