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Income Tax - Highlights / Catch Notes

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Validity of Section 35AC(7) of the Income Tax, 1961 inserted w.e. ...

Income Tax

April 14, 2018

Validity of Section 35AC(7) of the Income Tax, 1961 inserted w.e.f. 1st April, 2017 - it is claimed that, post amendment, no donors are coming forward to donate the amount which is required for construction of the specified hospital etc. - SC granted interim relief subject to final decision.

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