{"act":{"id":"finance-act-2018","short_title":"The Finance Act, 2018","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2018-2019.","act_number":"13","act_year":2018,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":227,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2018/"},"unit":"section","section":{"number":"27","heading":"Amendment of section 80DDB","text":"Amendment of section 80DDB. 27. In section 80DDB of the Income-tax Act, with effect from the 1st day of April, 2019,— (a) | in the third proviso, for the words \"sixty thousand rupees\", the words \"one hundred thousand rupees\" shall be substituted; (b) | the fourth proviso shall be omitted; (c) | in the Explanation, clause (v) shall be omitted.","html":"<p><b>Amendment of section 80DDB.</b></p><p><b>27.</b> In section 80DDB of the Income-tax Act, with effect from the 1st day of April, 2019,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in the third proviso, for the words \"sixty thousand rupees\", the words \"one hundred thousand rupees\" shall be substituted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>the fourth proviso shall be omitted;</td></tr><tr><td>(<i>c</i>)</td><td></td><td>in the <i>Explanation</i>, clause (<i>v</i>) shall be omitted.</td></tr></table></div>","words":60,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2018/section/27/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}