https://www.taxtmi.com/acts?id=18802 Amendment revises the proviso excluding units from the definition of listed securities and inserts a proviso providing transitional relief: where tax payable on long term capital gains from mutual fund units during the transitional period exceeded a prescribed proportion of capital gains before application of the second proviso to the computation rule, that excess shall be ignored in computing tax payable; an Explanation clause (clause (b)) is omitted. en-us Mon, 11 Aug 2014 17:50:08 +0530 Mon, 11 Aug 2014 17:50:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18802 Amendment revises the proviso excluding units from the definition of listed securities and inserts a proviso providing transitional relief: where tax payable on long term capital gains from mutual fund units during the transitional period exceeded a prescribed proportion of capital gains before application of the second proviso to the computation rule, that excess shall be ignored in computing tax payable; an Explanation clause (clause (b)) is omitted. Act-Rules F. Acts / Amendment Acts Mon, 11 Aug 2014 17:50:08 +0530 https://www.taxtmi.com/acts?id=18802