Amendment of section 206AA.

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..... tion 194Q, the provisions of clause (iii) shall apply as if for the words twenty per cent. , the words five per cent. had been substituted. . - Clause 50 of the Bill seeks to amend section 206AA of the Income-tax Act relating to requirement to furnish Permanent Account Number. Sub-section (1) of the said section provides that notwithstanding anything contained in any other provisions of t .....

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