Clause 29 - Amendment of section 112A. - Finance Bill, 2021

Amendment of section 112A. 29. In section 112A of the Income-tax Act, in the Explanation, in clause (a), in the opening portion, after the word and figures section 10 , the words, brackets, figures and letter or under a scheme of an insurance company comprising unit linked insurance policies to which exemption under clause (10D) of the said section does not apply on account of the applicability of the fourth and fifth proviso thereof shall be inserted.