TMI BlogAmendment of section 271BX X X X Extracts X X X X X X X X Extracts X X X X ..... the Income-tax Act, for the words "one hundred thousand rupees", the words "one hundred fifty thousand rupees" shall be substituted with effect from the 1st day of April, 2011. - Clause 50 of the Bi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o one-half per cent. of the total sales, turnover or gross receipts, as the case may be, in business, or of the gross receipts in profession, in such previous year or a sum of one lakh rupees, whichev ..... X X X X Extracts X X X X X X X X Extracts X X X X
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