Amendment of section 74

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..... t from the 1st day of April, 2003,- (a) for sub-section (1), the following sub-section shall be substituted, namely:- '(i) Where in respect of any assessment year, the net result of the computation .....

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..... et; (b) in so far as such loss relates to a long-term capital asset, it shall be set off against income, if any, under the head "Capital gains" assessable for that assessment year in respect of any o .....

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