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Amendment of section 194D.

Clause 73 - Bills - DIRECT TAXES - Bill - Clause 73 - 73. In section 194D of the Income-tax Act, in the second proviso, for the words twenty thousand rupees , the words fifteen thousand rupees shall be substituted with effect from the 1st day of June .....

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where the amount of such income, or the aggregate of the amount of the income, relating to remuneration or reward, whether by way of commission or otherwise, for soliciting or procuring insurance business, credited or paid during the financial year t .....

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