Insertion of new section 80M

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..... ng section shall be inserted with effect from the 1st day of April, 2003, namely:- '80M. Deduction in respect of certain intercorporate dividends- (1) Where the gross total income of a domestic compa .....

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..... d distributed by the first-mentioned domestic company on or before the due date. (2) Where any deduction, in respect of the amount of dividend distributed by the domestic company, has been allowed un .....

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