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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Landmark Income Tax Act Amendment Eliminates Subsections (1) and (2) from Section 34, Effective April 1, 1988</h1> The amendment removes sub-sections (1) and (2) from section 34 of the Income-tax Act, with the changes taking effect from April 1, 1988. This modification alters the existing statutory provisions related to income tax regulations, specifically targeting the specified subsections of the mentioned section.