Income Tax Department

Ministry of Finance, Government of India

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Section 126

Amendment of Schedule VII

Section

Section Number

126

Chapter

CHAPTER III - DIRECT TAXES

Act

Finance Acts

Year

2026

Amendment of Schedule VII

Amendment of Schedule VII.

126. In Schedule VII to the Income-tax Act, in the Table, after Sl. No. 48 and the entries relating thereto, the following shall be inserted, namely:—

 "49.New Development Bank.Such exemption shall or subject to furnishing of information in such form and manner, as may be prescribed.".

Footnotes