Amendment of section 32

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....the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Income-tax Act), in sub-section (1), with effect from the 1st day of April, 1998,- (a) before clause (ii), the following ....

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.... clause (ii), as the case may be, is acquired by the assessee during the previous year and is put to use for the purposes of business or profession for a period of less than one hundred and eighty day....