Clause 18
Amendment of section 15
of Income Tax (Amendment) Bill
BillNot in forceProvision 18 of 64
Clause 18
Section 15 of the principal Act is amended by inserting, immediately after subsection (2F), the following subsections:“(2G) Subsection (1)(b) and (c) does not apply to any expenditure that qualifies for deduction under section 14ZG.
(2H)
Subsection (1)(b) and (f) does not apply to any expenditure that qualifies for deduction under section 14ZH.”.