Amendment of section 17.

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..... the words one lakh rupees , the words one lakh and fifty thousand rupees shall be substituted with effect from the 1st day of April, 2017. - Clause 9 of the Bill seeks to amend section 17 of the Inco .....

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..... r s contribution from one lakh rupees to one lakh and fifty thousand rupees. This amendment will take effect from 1st April, 2017 and will, accordingly, apply in relation to assessment year 2017-2018 .....

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