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<h1>Amendment to Section 28 of Income-tax Act: New Clauses for Duty Remission Scheme Profits from 1998 and 2001 Transfers</h1> Section 28 of the Income-tax Act, 1961, has been amended by the Taxation Laws (Amendment) Act, 2005. Clause (iiid) is added to include profits from the transfer of the Duty Entitlement Pass Book Scheme, effective from April 1, 1998. Additionally, clause (iiie) is inserted to cover profits from the transfer of the Duty Free Replenishment Certificate, effective from April 1, 2001. Both clauses pertain to the Duty Remission Scheme under the export and import policy as per the Foreign Trade (Development and Regulation) Act, 1992.