U/s. 35AC, IT ACT, 1961 – Amendment in Notification No. S.O. 469(E) dated the 2nd July, 1996

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..... Department of Revenue) NOTIFICATION No. 10321 New Delhi, the 27th March, 1997 S.O. 260 (E) - In exercise of powers conferred by clause (b) of Explanation to Section 35AC of the Income- tax Act, 196 .....

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..... be allowed as deduction under Section 35 AC, for words and figures "Rs. 2.30 lakhs", the words and figures "Rs. 15.00 lakhs" shall be substituted. [F. No. NC-16/97] V. K. SEHGAL, .....

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