TMI BlogAmendment of section 55.X X X X Extracts X X X X X X X X Extracts X X X X ..... he words or any other right shall be inserted; (b) in sub-section (2), in clause (a), (i) for the words profession, or a right , the words profession, or any other intangible asset or a right shall be substituted; (ii) for the word hour, , the words hour, or any other right shall be substituted. - Clause 31 of the Bill seeks to amend section 55 of the Income-tax Act relating to meaning of adjusted ..... X X X X Extracts X X X X X X X X Extracts X X X X
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