Substitution of New Section For Section 208

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..... otal income, exclusive of capital gains, of the assessee, referred to in sub-clause (i) of clause (a) of section 209, exceeds the amount specified in sub-section (2), or (b) where it is payable by virtue of the provisions of sub-section (3) of section 212. (2) The amount referred to in clause (a) of sub-section (1) shall be - (a) in the case of a company or a local authority .. Rs. 2,500; (b) in t .....

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