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State of Madhya Pradesh - Section

Section 41 in The M.P. Vanijyik Kar Adhiniyam, 1994

41. Remission of tax.

- The Commissioner may subject to such conditions as may be prescribed, remit the whole or part of the amount of the tax payable by a registered dealer in respect of any year during which he suffered financially on account of riots, accidental fire or through natural calamities :Provided that if the amount to be remitted exceeds rupees ten thousand the remission shall not be made without the previous sanction of the State Government.