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of <h1>Tax Law Overhaul: Key Sections 121-130A Repealed, Streamlining Income Tax Regulations Effective April 1, 1988</h1> The provision removes sections 121, 121A, 122, 123, 125, 125A, 126, 128, 130, and 130A from the Income-tax Act, effective April 1, 1988. This legislative amendment eliminates specific sections related to taxation, indicating a comprehensive revision of the existing tax law framework.
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