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Amendment of Section 35

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Full Text of the Document

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....(a)  in sub-section (1), after clause (ii), the following clause shall be inserted, namely:— ''(iia) an amount equal to one and one-fourth times of any sum paid to a company to be used by it....

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Full Text of the Document

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....), the following clause shall be inserted, namely:— ''(6) No deduction shall be allowed to a company approved under sub-clause (c) of clause (iia) of sub-section (1) in respect of the expend....

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