Amendment of Section 80M

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tion (2), the following sub-section shall be substituted with effect from the 1st day of April, 1971, namely :- "(2) Where a company to which this section applies is entitled also to the dedu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....respect of income by way of dividends under section 80L shall be taken to be so much of the amount of the deduction under that section as may be in excess of the aggregate of the items of income refer....