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Amendment of section 194-IB
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....he words, figures and letters "or section 206AB" shall be omitted. - Clause 57 seeks to amend section 194-IB of the Income-tax Act relating to payment of rent by certain individuals or Hindu undivi....
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.... is required to be deducted as per the provisions of section 206AA or section 206AB, such deduction shall not exceed the amount of rent payable for the last month of the previous year or the last mont....