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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Capital gains on bonus shares: income tax reduced by a capped amount based on face value or tax liability.</h1> The amendment removes all references to super tax and deletes related average-rate provisions. It inserts a proviso reducing the income tax calculated on capital gains relating to bonus shares, chargeable under the capital gains provision, by an amount equal to twelve and a half per cent of the face value of such bonus shares or by the amount of the income tax so calculated, whichever is less, thereby capping the tax attributable to those bonus-share capital gains.

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