TMI BlogAmendment of Section 80-IAX X X X Extracts X X X X X X X X Extracts X X X X ..... ing and electronic data interchange services or construction and development of housing projects" shall be inserted; (ii) after the words "commercial production", the words "or refining" shall be inserted; (b) in sub-section (2),- (i) in clause (iii) in the proviso, for the words, figures and letters "ending on the 31st day of March, 1998", the words, figures and letters "ending on the 31st ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tituted with effect from the 1st day of April, 1998; (c) in sub-section (4B), in clause (ii), for he figures "1998", the figures "1999" shall be substituted; (d) in sub-section (4C), after the words "basic or cellular", the words "including radio paging, domestic satellite service or network of trunking and electronic data interchange services" shall be inserted with effect from the 1st day of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t has a built up area not exceeding one thousand square feet; Provided that the undertaking commences development and construction of the housing project on or after the 1st day of October, 1998 and completes the same before the 31st day of March, 2001." (g) in sub-section (5), after clause (v) the following clause shall be inserted with effect from the 1st day of April, 1999, namely:- "(vi) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent year, deduction to the extent of such profits and gains shall not be allowed under any other provisions of the Chapter under the heading "C- Deduction in respect of certain incomes", and shall in no case exceed the profits and gains of the undertaking or hotel, as the case may be; (j) in sub-section (12),- (i) clause (a) shall be re-lettered as clause (aa) and before clause (aa) as so re-l ..... X X X X Extracts X X X X X X X X Extracts X X X X
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