Section 80M amendment removes the phrase 'received by it', narrowing receipt based tax wording under income tax rules. Amendment to Section 80M deletes the specific words "received by it" from sub section (1), excising that textual qualifier wherever it occurs and thereby ... Summary
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Section 80M amendment removes the phrase 'received by it', narrowing receipt based tax wording under income tax rules.
Amendment to Section 80M deletes the specific words "received by it" from sub section (1), excising that textual qualifier wherever it occurs and thereby altering the provision's receipt based wording for tax recognition.
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