Insertion of new section 50AA.

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..... nture. '50AA. Notwithstanding anything contained in clause (42A) of section 2 or section 48, where the capital asset is a unit of a Specified Mutual Fund acquired on or after the 1st day of April, 2023 or a Market Linked Debenture, the full value of consideration received or accruing as a result of the transfer or redemption or maturity of such debenture or unit as reduced by (i) th .....

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..... lying securities or indices and include any security classified or regulated as a Market Linked Debenture by the Securities and Exchange Board of India; (ii) Specified Mutual Fund means a Mutual Fund by whatever name called, where not more than thirty five per cent. of its total proceeds is invested in the equity shares of domestic companies: Provided that the percentage of equity sharehol .....

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