Amendment of section 194LC.

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..... of July, 2020 shall be substituted; (B) in the long line, for the word and , the word or shall be substituted; (b) after clause (i), the following clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2016, namely:- (ia) in respect of monies borrowed by it from a source outside India by way of issue of rupee denominated bond before the 1st day of .....

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..... fore the 1st day of July, 2017; and by way of any long-term bond including long-term infrastructure bond on or after the 1st day of October, 2014, but before the 1st day of July, 2017, respectively. It is proposed to amend sub-clauses (a) and (c) of clause (i) of sub-section (2) of the said section to provide that the borrowings can be made before the 1st day of July, 2020 instead of the 1st day o .....

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