Clause 18
Amendment of section 14I
of Income Tax (Amendment) Bill
BillNot in forceProvision 18 of 68
Clause 18
Section 14I of the principal Act is amended by inserting, immediately after subsection (6), the following subsection:“(6AA) Subsections (5) and (6) do not apply to any bank or qualifying finance company for the years of assessment 2021 and 2022.”.