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    <title>Insertion of new section 293B</title>
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    <description>A new provision permits the Central Government or the Board to condone delays in obtaining approvals required by the Income-tax Act where such approval was to be obtained before a specified date, provided there is sufficient cause, thereby creating an administrative mechanism to excuse late approval requests without changing substantive approval conditions.</description>
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      <description>A new provision permits the Central Government or the Board to condone delays in obtaining approvals required by the Income-tax Act where such approval was to be obtained before a specified date, provided there is sufficient cause, thereby creating an administrative mechanism to excuse late approval requests without changing substantive approval conditions.</description>
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