Amendment of section 115A.

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Full Text of the Document

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....pply to a deduction allowed to a Unit of an International Financial Services Centre under section 80LA.". - Clause 33 of the Bill seeks to amend section 115A of the Incometax Act relating to tax on dividends, royalty and technical service fees in the case of foreign companies. Sub-section (4) of the said section provides that no deduction under Chapter VI-A shall be allowed in respect of i....