# The Finance Act, 2026, Section 129: Amendment of Schedule XIV

- Act: The Finance Act, 2026 (Act 4 of 2026)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2026/section/129/

## Text

Amendment of Schedule XIV. 129. In Schedule XIV to the Income-tax Act, in paragraph 4,— (i) | in sub-paragraph (7), in clause (a), for the words "this rule", the words "this paragraph" shall be substituted; (ii) | after sub-paragraph (2), the following sub-paragraph shall be inserted, namely:— "(3) The amount not deductible under sub-clause (i) or (ii) of section 35(b), which is added under sub-paragraph (1)(a), shall be allowed subsequently as a deduction in a tax year in accordance with the provisions of the said sub-clause, as the case may be.".

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