https://www.taxtmi.com/acts?id=18661 Amendment narrows the proviso to the long-term capital gains tax rule by excluding units from the category of listed securities so that the proviso applies to listed securities (other than a unit) and zero coupon bonds; it also omits Explanation clause (b). The change takes effect from 1 April 2015 and applies to the assessment year 2015-16 onwards, preserving the computation that ignores excess tax where tax exceeds ten percent of unindexed capital gains. en-us Fri, 11 Jul 2014 16:02:28 +0530 Fri, 11 Jul 2014 16:02:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18661 Amendment narrows the proviso to the long-term capital gains tax rule by excluding units from the category of listed securities so that the proviso applies to listed securities (other than a unit) and zero coupon bonds; it also omits Explanation clause (b). The change takes effect from 1 April 2015 and applies to the assessment year 2015-16 onwards, preserving the computation that ignores excess tax where tax exceeds ten percent of unindexed capital gains. Act-Rules Bills Fri, 11 Jul 2014 16:02:28 +0530 https://www.taxtmi.com/acts?id=18661