Nondeduction of tax in case of exempt compensatio n under RFCTLAAR Act, 2013 :

CLAUSE(S) OF FINANCE BILL, 2017	PARTICUL ARS OF AMENDME NTS	SECTION	AMENDMENT / NEWLY INSERTED	APPLICABLE W.E.F.	BRIEF OF AMENDMENT
66	Nondeduction of tax in case of exempt compensatio n under RFCTLAAR Act, 2013	Section 194LA (Second Proviso) Inserted	Amendment	1st April, 2017	Inserted After the First Proviso: Provided further that no deduction shall be made under this section where such payment is made in respect of any award or agreement which has been exempted from levy of income-tax under section 96 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013.( RFCTLAAR Act, 2013).