Equity oriented fund redefinition ties its meaning to Explanation (a) to section 112A, changing tax reference.

Amendment substitutes clause (5) of section 97 of the Finance (No.2) Act, 2004 to define equity oriented fund as the fund referred to in clause (a) of the Explanation to the Income tax Act provision on capital gains, making the Finance Act's term a cross reference to the Income tax Act and aligning statutory terminology going forward.

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