Amendment of section 10

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..... inance Corporation Limited, being a company formed and registered under the Companies Act, 1956: 1 of 1956. Provided that in computing the total income of the North-Eastern Development Finance Corporation Limited, the amount to the extent of - (i) twenty per cent. of the total income for assessment year beginning on the 1st day of April, 2006; (ii) forty per cent. of the total income for .....

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..... otification issued by the Central Government under sub-clause (iv) or sub-clause (v), before the date on which the Taxation Laws (Amendment) Bill, 2006 receives the assent of the President, shall, at any one time, have effect fro such assessment year or years, not exceeding three assessment years shall be substituted; (ii) after the eighth proviso, the following provisos shall be inserted, nam .....

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..... f the said sub-clauses, exceeds the maximum amount which is not chargeable to tax in any previous year, such trust or institution or any university or other educational institution or any hospital or other medical institution shall get its accounts audited in respect of that year by an accountant as defined in the Explanation below sub-section (2) of section 288 and furnish along with the return o .....

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