Insertion of new sections 80V and 80VV

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..... nd 80VV. In Chapter VIA of the Income-tax Act, under the heading "D.- Other deductions", after section 80U, the following sections shall be Inserted, namely:-. "80V. Deduction of interest on moneys .....

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..... ll be allowed by way of deduction any expenditure incurred by him in the previous year in respect of any proceedings before any income-tax authority or the Appellate Tribunal or any court relating to .....

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