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Amendment of section 80CCF

Clause 9 - Bills - Direct Taxes - Income Tax - Bill - Clause 9 - 9. In section 80CCF of the Income-tax Act, after the words, figures and letters "previous year relevant to the assessment year beginning on the 1st day of April, 2011", the wo .....

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eduction in respect of subscription to long-term infrastructure bonds. Under the existing provisions contained in section 80CCF, deduction is allowed to the extent of such amount which does not exceed twenty-thousand rupees, paid or deposited during .....

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