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🚀 New Feature Launched ✕

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          <h1>Finance Act 2021 amends Income-tax Act Section 245-O; Authority to cease operations on date set by Central Government.</h1> Section 245-O of the Income-tax Act has been amended by the Finance Act, 2021. A new proviso has been added to sub-section (1), stating that the constituted Authority will cease to operate from a date specified by the Central Government through a notification in the Official Gazette.

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