Amendment of section 112A.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... econd proviso, the words "on account of the applicability of the fourth and fifth provisos thereof" shall be omitted. - Clause 22 of the Bill seeks to amend section 112A of the Income-tax Act relating to tax on long-term capital gains in certain cases. Clause (a) of the Explanation to the said section, inter alia, provides that "equity oriented fund" means a fund set up under a schem .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X