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Amendment of section 42
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....pening portion, for the words "the association or participation in such business of the Central Government", the words "the association or participation of the Central Government or any....
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....res "except assets on which allowance for depreciation is admissible under section 32" had been omitted; and'; (c) the following Explanation shall be inserted at the end, namely :- &....
TaxTMI
TaxTMI