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Amendment of section 80GGB

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Full Text of the Document

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....s "political party", the words "or an electoral trust" shall be inserted with effect from the 1st day of April, 2010. - Clause 34 of the Bill seeks to amend section 80GGB which relates to deduction i....

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Full Text of the Document

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....section so that contribution made by an Indian company to electoral trusts would also be eligible for deduction under that section. This amendment will take effect from the 1st day of April, 2010, ....