- IAC. - In section 80-IAC of the Income-tax Act, with effect from the 1st day of April, 2021,-(i)in sub-section (2), for the word "seven", the word "ten" shall be substituted;(ii)in the Explanation, in clause (ii), in sub-clause (b), for the word "twentyfive", the words "one hundred" shall be substituted.
