Amendment of section 206AA

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....(7), the word "infrastructure" shall be omitted with effect from the 1st day of October, 2014. - Clause 61 of the Bill seeks to amend section 206AA of the Income-tax Act relating to requirement t....

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.... proposed to amend sub-section (7) to provide that section 206AA shall not apply in respect of payment of interest on long- term bonds referred to in section 194LC of the Act.    &nb....