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    <description>Amounts of income distributed by a specified company or a Mutual Fund are chargeable to tax, and the specified company or Mutual Fund is liable to pay additional income-tax on such distributed income at a fixed rate; exceptions exclude distributions by the Administrator of the specified undertaking to unit holders and distributions by open-ended equity oriented funds to unit holders for a one-year period commencing 1 April 2003, with &quot;Administrator&quot; and &quot;specified company&quot; defined as in the Explanation to clause (35) of section 10.</description>
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