# The Finance Act, 2026, Section 44: Amendment of section 93

- Act: The Finance Act, 2026 (Act 4 of 2026)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2026/section/44/

## Text

Amendment of section 93. 44. In section 93 of the Income-tax Act,— (a) | in sub-section (1), for clause (a), the following clause shall be substituted, namely:— "(a) for interest on securities, any reasonable sum paid as commission or remuneration to a banker or any other person for the purpose of realising such interest on behalf of the assessee;"; (b) | for sub-section (2), the following sub-section shall be substituted, namely:— "(2) Irrespective of anything contained in sub-section (1), in respect of any dividend income or income from units of a Mutual Fund specified under Schedule VII (Table: Sl. No. 20 or 21) or income from units of a specified company as referred to in section 2(h) of the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002 (58 of 2002), no deduction shall be allowed.".

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