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Amendment of section 115BBC

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Full Text of the Document

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....otal income been reduced by the aggregate of anonymous donations received in excess of the amount referred to in sub-clause (A) or sub-clause (B) of clause (i), as the case may be.". - Clause 36 of the Bill seeks to amend section 115BBC of the Income-tax Act relating to anonymous donations to be taxed in certain cases. The existing provisions of section 115BBC of the Income-tax Act provide fo....