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<h1>Amendment to Section 115ACA: Clarifies Tax Treatment of Dividends, Excludes Those Under Section 115-O Effective April 2004.</h1> Section 115ACA of the Income-tax Act is amended to replace the phrase 'income by way of dividends' with 'income by way of dividends, other than dividends referred to in section 115-O.' This change is effective from April 1, 2004, as per the Finance Act, 2003. The amendment clarifies the tax treatment of certain dividend incomes, excluding those specified under section 115-O, from the scope of section 115ACA.