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This clause has been omitted by Finance Ordinance. 2000 Dated
19th June 2000.
in respect of any special reserve created by such financial
institutions and for such purposes as may be approved by the Central Board of Revenue for
the purposes of this clause, the amount, not exceeding ten percent of the total income
including such amount, carried to such reserve:
Provided that no allowance under this clause shall be made where the aggregate amount
standing in such reserve exceeds the paid-up capital of the institution;
