Amendment of section 179

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Full Text of the Document

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....1) thereof and,- (a) in sub-section (1) as so re-numbered, for the portion beginning with the word "Notwithstanding" and ending with the words "any previous year", the following shall be substituted, namely: - "Notwithstanding anything contained in the Companies Act, 1956 (1 of 1956), where any tax due from a private company in respect of any Income of any previous year or from any other compa....