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Amendment of section 35AC.

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....xplanation, the following sub-section shall be inserted with effect from the 1st day of April, 2017, namely:- "(7) No deduction under this section shall be allowed in respect of any assessment year ....

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....nstitution, etc., on certain eligible social development project or a scheme not related to business. It is proposed to insert a new sub-section (7) in the aforesaid section so as to provide that the....