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    <title>Amendment of Section 45</title>
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    <description>The amendment inserts a new clause into section 45 of the Wealth tax Act deeming included, as taxable persons under the Act, any company incorporated outside India which has no place of business in India, thereby expanding the statutory scope to cover foreign incorporated companies without an Indian place of business.</description>
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      <description>The amendment inserts a new clause into section 45 of the Wealth tax Act deeming included, as taxable persons under the Act, any company incorporated outside India which has no place of business in India, thereby expanding the statutory scope to cover foreign incorporated companies without an Indian place of business.</description>
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