Amendment of section 271B

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..... for the words "one hundred thousand rupees", the words "one hundred fifty thousand rupees" shall be substituted with effect from the 1st day of April, 2011. - Clause 50 of the Bill seeks to amend sect .....

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..... he total sales, turnover or gross receipts, as the case may be, in business, or of the gross receipts in profession, in such previous year or a sum of one lakh rupees, whichever is less. It is propose .....

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