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<h1>Finance Bill 2018 Proposes Removal of Explanation in Section 115Q, Redefining 'Dividends' Under Income-tax Act</h1> Clause 39 of the Finance Bill, 2018 proposes the removal of the Explanation following section 115Q of the Income-tax Act. This Explanation defined 'dividends' as having the same meaning as in clause (22) of section 2, excluding sub-clause (e). The omission is due to amendments made to section 115-O and will be effective from April 1, 2018.