# The Finance Act, 2016, Section 97: Amendment of section 255

- Act: The Finance Act, 2016
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2016/section/97/

## Text

Amendment of section 255. 97. In section 255 of the Income-tax Act, in sub-section (3), for the words "fifteen lakh rupees", the words "fifty lakh rupees" shall be substituted with effect from the 1st day of June, 2016.

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