Amendment of section 55.

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....use (a), after the words "any business", the words "or profession" shall be inserted. - Clause 33 of the Bill seeks to amend section 55 of the Incometax relating to meaning of "adjusted", "cost of improvement" and "cost of acquisition". Sub-clause (1) of clause (b) of sub-section (1) of the aforesaid section provides that the cost of improvement in relation to a capital asset, being goodwi....