Consequential amendments to Income-tax Act expand deduction references to include section 32A provisions and modify related cross-references.

Finance Act, 1976 makes consequential amendments to the Income-tax Act: it omits a cross-reference in section 45; substitutes references in assessment provisions so the deduction now includes the deduction under the new depreciation provision or the existing deduction provision; omits a clause prefix in the succession provision effective 1 June 1976; and amends the Ninth Schedule to add a reference to the new depreciation provision.

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