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Amendment of section 295.
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.... (b) after sub-clause (iia) as so inserted, the following sub-clause shall be inserted with effect from the 1st day of April, 2022, namely:-- "(iib) transactions or activities of a non-resident;". - Clause 103 of the Bill seeks to amend section 295 of the Income-tax Act relating to power to make rules. Sub-section (1) of said section provides that the Central Board of Direct Taxes may, subje....
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