Deduction in respect of compensation for termination of managing agency, etc., in the case of assessees other than companies. Omitted by the Finance Act, 1986 (23 of 1986), s. 22 (w.e.f. 1-4-1987). Original section was introduced in place of old section 112 by the Finance (No. 2) Act, 1967 (20 of 1967), s. 33 and the Third Schedule (w.e.f. 1-4-1968).