Deduction under section 33AB increased, raising the allowable proportion of profits deductible under the amended statutory provision. Amendment increases the statutory deduction under section 33AB by substituting the words expressing the deductible fraction of profits in subsection (1) ... Summary
Deduction under section 33AB increased, raising the allowable proportion of profits deductible under the amended statutory provision.
Amendment increases the statutory deduction under section 33AB by substituting the words expressing the deductible fraction of profits in subsection (1) with a larger fixed proportion, effective from the commencement date set by the amendment.
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