Insertion of new section 80PA-Deduction in respect of certain income of Producer Companies.

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.... certain income of Producer Companies. '80PA. (1) Where the gross total income of an assessee, being a Producer Company having a total turnover of less than one hundred crore rupees in any previous year, includes any profits and gains derived from eligible business, there shall, in accordance with and subject to the provisions of this section, be allowed, in computing the total income of ....