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of <h1>Rule 120 Repealed: Contractors No Longer Required to Submit Specific Details Under Income-tax Rules, 1962 Post-1989 Amendment</h1> Rule 120 of the Income-tax Rules, 1962, which required contractors to furnish certain particulars, was omitted by the Income Tax (Fifth Amendment) Rules, 1989, effective from May 18, 1989. This rule was initially introduced by the Income Tax (Amendment) Rules, 1965.
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