The profit of the special deduction on the sale of newly established industrial action or hotel import rights in the backward area shall be treated as business income as a result of the amendment of the Finance Act 1990 through section 28, which will have an effect from 1-4 1962 onwards. Is entitled to a special deduction. Such income is subject to section 80HH in relation to the Indian Income Tax Act, 1961, section 28 and 80HH.
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