Amendment of section 115WB

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..... employees; and" shall be substituted; (iii) after clause (c), the following clause shall be inserted, namely: — '(d) any specified security or sweat equity shares allotted or transferred, directly or indirectly, by the employer free of cost or at concessional rate to his employees (including former employee or employees). Explanation.—For the purposes of this clause,— (i) "specified security" .....

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