Insertion of New Section 80TT

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..... ct, and before the heading "D. - Other deductions", the following section shall be inserted, namely :- "80TT. Deduction in respect of winnings from lottery. -Where the gross total inc .....

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..... not exceed five thousand rupees, the whole of such winnings; (b) in any other case, five thousand rupees as increased by a sum equal to fifty per cent. of the amount by which the winnings exceed fiv .....

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