# The Finance Act, 2015, Section 16: Amendment of section 80C

- Act: The Finance Act, 2015 (Act 20 of 2015)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2015/section/16/

## Text

Amendment of section 80C. 16. In section 80C of the Income-tax Act,— (I) | in sub-section (2), in clause (viii), for the words "as subscription to", the words, brackets and figure "as subscription, in the name of any person specified in sub-section (4), to" shall be substituted; (II) | in sub-section (4), after clause (b), the following clause shall be inserted, namely:— "(ba) | for the purposes of clause (viii)of that sub-section, in the case of an individual, the individual or any girl child of that individual, or any girl child for whom such person is the legal guardian, if the scheme so specifies;".

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