Amendment of section 194D

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..... in the second proviso, for the words "five thousand rupees", the words "twenty thousand rupees" shall be substituted with effect from the 1st day of July, 2010. - Clause 38 of the Bill seeks to amend .....

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..... or paid or likely to be credited or paid during the financial year to the account of, or to, the payee does not exceed five thousand rupees. It is proposed to enhance the said limit from five thousan .....

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