Clause 35
Amendment of section 36C
of Income Tax (Amendment) Bill
BillNot in forceProvision 35 of 68
Clause 35
Section 36C(8) of the principal Act is amended by inserting, immediately after the words “section 37E(1)” in paragraph (a) of the definition of “carry-back deductions”, the words “or any of the 3 immediate preceding years of assessment under section 37E(1A)”.