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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Income-tax Act's First Schedule Rule 3 Clause (c) Amended: 'Twenty-five' Changed to 'Twenty-seven and a Half'</h1> In the First Schedule of the Income-tax Act, rule 3, clause (c) is amended by replacing the term 'twenty-five' with 'twenty-seven and a half' as per the Finance Act of 1966.