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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Finance Act 1999 amends Section 115AD, excluding specific dividend incomes as per Section 115-O from taxation.</h1> Section 115AD of the Income-tax Act has been amended by the Finance Act, 1999. In sub-section (1), clause (a), the amendment involves inserting the words 'other than income by way of dividends referred to in section 115-O' after the word 'income.' This change specifies that certain dividend incomes, as outlined in section 115-O, are excluded from the provisions of section 115AD.