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Amendment of section 115UB.

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Full Text of the Document

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.... to the investment fund as a result of the computation under the head "Profit and gains of business or profession", if any, shall be,-- (a) allowed to be carried forward and it shall be set off by the investment fund in accordance with the provisions of Chapter VI; and (b) ignored for the purposes of sub-section (1); (ii) the loss other than the loss referred to in clause (i), if any, shall ....

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