Interpretation for purposes of section 149

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Full Text of the Document

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....any, a deduction shall be allowed from such income, to the extent of the amount which,-- (a) has arisen from such investment as recorded in its books of account on or before the 31st January, 2026; and (b) has been distributed by it to its members at least one month before the due date for filing the return of income under section 263(1). (2) The provisions of this section sha....