https://www.taxtmi.com/acts?id=16277 Section 10 is amended to add sub-clause (d) excluding from exemption sums under insurance policies issued on or after the effective date where any year's premium exceeds ten percent of the actual capital sum assured, with Explanation 2 adopting the meaning of actual capital sum assured from section 80C(3A). Provisos are updated to reference both sub-clauses. Additional insertions: exempting income of Prasar Bharati; deeming inclusion of trust income where the first proviso to clause (15) of section 2 applies; redefining venture capital undertaking per SEBI regulations; and excluding certain foreign-company crude oil receipts in India subject to central government conditions. en-us Tue, 29 May 2012 11:40:18 +0530 Tue, 29 May 2012 11:40:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16277 Section 10 is amended to add sub-clause (d) excluding from exemption sums under insurance policies issued on or after the effective date where any year's premium exceeds ten percent of the actual capital sum assured, with Explanation 2 adopting the meaning of actual capital sum assured from section 80C(3A). Provisos are updated to reference both sub-clauses. Additional insertions: exempting income of Prasar Bharati; deeming inclusion of trust income where the first proviso to clause (15) of section 2 applies; redefining venture capital undertaking per SEBI regulations; and excluding certain foreign-company crude oil receipts in India subject to central government conditions. Act-Rules F. Acts / Amendment Acts Tue, 29 May 2012 11:40:18 +0530 https://www.taxtmi.com/acts?id=16277