Finance bill 2020 has received Presidential assent on 20th March and Become Finance Act 2020 , The provisions of the Finance Act 2020 (FA 2020) will now get incorporated in the Income-tax Act, 1961 (Act) from 1 April 2020, Exceptionally, a large number of amendments, about 59, have been incorporated by current Indian Government while passing FA 2020. Knowledge Paper Regarding these Amendments Enclosed.
