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<h1>Taxation Laws (Amendment) Act, 1970 updates Section 25, adds clause (dd) for interest calculation in Companies Surtax Act.</h1> Section 25 of the Companies (Profits) Surtax Act, 1964, is amended by the Taxation Laws (Amendment) Act, 1970. A new clause (dd) is added to sub-section (2), detailing the procedure for calculating interest payable by or to assessees, including rounding off periods with fractional months and specifying when small interest amounts can be disregarded.