Amendment of section 255.

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..... ifteen lakh rupees , the words fifty lakh rupees shall be substituted with effect from the 1st day of June, 2016. - Clause 95 of the Bill seeks to amend section 255 of the Income-tax Act, relating to .....

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..... otal income as computed by the Assessing Officer does not exceed fifty lakh rupees. This amendment will take effect from 1st day of June, 2016. - statute, statutory provisions legislation, law, enac .....

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