Section 80MM - Omitted - Income-tax Act, 1961

Deduction in the case of an Indian company in respect of royalties, etc., received from any concern in India . 80MM. 1 [****] ---------------------------- Notes :- 1. Omitted by the Finance Act, 1983, w.e.f. 1-4-1984 . Original section was inserted by the Finance Act, 1969, w.e.f. 1-4-1970 Prior to its omission, section 80MM was amended by the Finance Act, 1970, w.e.f. 1-4-1970, the Finance (No. 2) Act, 1971, w.e.f. 1-4-1972 and the Finance Act, 1974, w.e.f. 1-4-1975.