Amendment of section 194LA.

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..... words two hundred thousand rupees , the words two lakh and fifty thousand rupees shall be substituted with effect from the 1st day of June, 2016. - Clause 79 of the Bill seeks to amend section .....

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..... or paid during the financial year to the account of, or to, the payee does not exceed two hundred thousand rupees. It is proposed to enhance the said threshold limit from two hundred thousand rupe .....

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