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[Cites 0, Cited by 0] [Section 37] [Entire Act]

Union of India - Subsection

Section 37(iii) in The Companies (Amendment) Act, 2017

(iii)in sub-section (5), for the Explanation, the following Explanation shall be substituted, namely:—'Explanation.—For the purposes of this section "net profit" shall not include such sums as may be prescribed, and shall be calculated in accordance with the provisions of section 198.'