# The Finance Act, 2020, Section 20: Amendment of Section 35E

- Act: The Finance Act, 2020
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2020/section/20/

## Text

(i) | after the expiry of forty-eight months from the end of the relevant assessment year; or (ii) | from the date of the sale of such specified security or sweat equity share by the assessee; or (iii) | from the date of the assessee ceasing to be the employee of the employer who allotted or transferred him such specified security or sweat equity share, Amendment of section 35E. 20. In section 35E of the Income-tax Act, in sub-section (6), for the words "and the assessee furnishes, along with his return of income for the first year in which the deduction under this section is claimed, the report of such audit", the words, figures and letters "before the specified date referred to in section 44AB and the assessee furnishes for the first year in which the deduction under this section is claimed, the report of such audit by that date" shall be substituted.

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