Amendment of section 33AC

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..... effect from the 1st day of April, 2004,- (a) in sub-section (3) , in clause (c) , for the words "eight years", the words "three years" shall be substituted; (b) after sub-section (3) and before the .....

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..... ansfer took place, such sale proceeds shall be deemed to be the profits of the assessment year immediately following the previous year in which the ship is sold or transferred.". - - statute, sta .....

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