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Insertion of new section 80M Deduction in respect of certain intercorporate dividends.

Insertion of new section 80M  (Budget 2020) After section 80LA of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2021, namely:–– ‘Section 80M of Income tax Act.:- Sub Section (1) Where the gross total income of a domestic company in any previous year includes any income […]