Amendment of section 207.

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....India, who-- (a) does not have any income chargeable under the head "Profits and gains of business or profession"; and (b) is of the age of sixty years or more at any time during the previous year.". - Clause 80 of the Bill seeks to amend section 207 of the Income-tax Act relating to liability for payment of advance tax. The existing provisions contained in the aforesaid section 207 provide....