Scope of tax provision expanded to apply to any person, extending applicability beyond limited liability partnerships. Section 115JE is amended to substitute the phrase 'a limited liability partnership' with the broader phrase 'a person', thereby extending the provision's applicability beyond LLPs to any person within the statutory scheme; the amendment is effected by the Finance Act, 2012 and made operative from the stated effective date.
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Provisions expressly mentioned in the judgment/order text.
Scope of tax provision expanded to apply to any person, extending applicability beyond limited liability partnerships.
Section 115JE is amended to substitute the phrase "a limited liability partnership" with the broader phrase "a person", thereby extending the provision's applicability beyond LLPs to any person within the statutory scheme; the amendment is effected by the Finance Act, 2012 and made operative from the stated effective date.
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