# The Finance Act, 2020, Section 18: Amendment of Section 35AD

- Act: The Finance Act, 2020
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2020/section/18/

## Text

Amendment of section 35AD. 18. In section 35AD of the Income-tax Act,— (i) | in sub-section (1), for the words "An assessee shall", the words "An assessee shall, if he opts," shall be substituted; (ii) | in sub-section (4), after the words "in any other previous year", the words ", if the deduction has been claimed or opted by the assessee and allowed to him under this section" shall be inserted.

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