Amendment of section 115JB.

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..... ; (ii) in the long line, in clause (iid), in sub-clause (B), for the words interest, royalty , the words interest, dividend, royalty shall be substituted; (b) after sub-section (2C), the following sub-section shall be inserted, namely:- (2D) In the case of an assessee being a company, where there is an increase in book profit of the previous year due to income of past year or years in .....

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..... assessee has not utilised the credit of tax paid under this section in any subsequent assessment year under section 115JAA: Provided further that the provisions of this sub-section shall also apply to an assessment year beginning on or before the 1st day of April, 2020 and notwithstanding anything contained in any other provisions of this Act, no interest shall be payable to such assessee on t .....

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