Amendment of section 194N.

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..... re rupees", the words "three crore rupees" had been substituted.". - Clause 85 of the Bill seeks to amend section 194N of the Income-tax Act relating to payment of certain amounts in cash. The provisions of the said section provide that a banking company or a co-operative society engaged in carrying on the business of banking or a post office, which is responsible for paying any sum, being the .....

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