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    <title>Amendment of section 80CC</title>
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    <description>Amendment revises eligibility for a tax deduction under section 80CC by requiring that the instrument be issued wholly and exclusively for the purposes of carrying on the business; it replaces the prior phrase referring to carrying on business &quot;with the main object of&quot; and omits the proviso language about formation and registration in India with that main object.</description>
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      <description>Amendment revises eligibility for a tax deduction under section 80CC by requiring that the instrument be issued wholly and exclusively for the purposes of carrying on the business; it replaces the prior phrase referring to carrying on business &quot;with the main object of&quot; and omits the proviso language about formation and registration in India with that main object.</description>
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