Amendment of section 194H.

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Full Text of the Document

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....of profession" shall be substituted. - Clause 77 of the Bill seeks to amend section 194H of the Income-tax Act relating to commission or brokerage. The said section provides that any person, not being an individual or a Hindu undivided family, who is responsible for paying, on or after the 1st day of June, 2001, to a resident, any income by way of commission (not being insurance commission ref....