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Amendment of section 55.

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Full Text of the Document

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....ssion", the words "or any other right" shall be inserted; (b) in sub-section (2), in clause (a),-- (i) for the words "profession, or a right", the words "profession, or any other intangible asset or a right" shall be substituted; (ii) for the word "hour,", the words "hour, or any other right" shall be substituted. - Clause 31 of the Bill seeks to amend section 55 of the Income-tax Act rel....

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