Amendment of Section 80MM

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..... (other than a company) who is resident in India," shall be substituted; (ii) for the words "received by it", the words "received by the assessee" shall be substituted; (iii) for the words "Central Government", in both the places where they occur, the word "Board" shall be substituted; (iv) for the words "there shall be allowed a deduction&quo .....

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..... a company or a co-operative society, the deduction under sub-section (1) shall not be admissible unless the accounts of the assessee for the previous year have been audited by an accountant as defined in the Explanation below sub-section (2) of section 288, and the assessee furnishes, along with his return of income, the report of such audit in the prescribed form duly signed and verified by such .....

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