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    <title>Amendment of section 47.</title>
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    <description>Clause viic is added to section 47 to exclude redemption of Sovereign Gold Bonds by individuals from being treated as transfer. The proviso to clause (xiiib) is amended to add an asset-value eligibility condition for conversion-related non-transfer treatment. Clause xix excludes transfers by unit holders exchanging units in a consolidating plan for units in the consolidated plan during SEBI-regulated mutual fund consolidations and provides definitions for consolidating plan, consolidated plan, and mutual fund.</description>
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    <pubDate>Fri, 06 May 2016 16:29:42 +0530</pubDate>
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      <description>Clause viic is added to section 47 to exclude redemption of Sovereign Gold Bonds by individuals from being treated as transfer. The proviso to clause (xiiib) is amended to add an asset-value eligibility condition for conversion-related non-transfer treatment. Clause xix excludes transfers by unit holders exchanging units in a consolidating plan for units in the consolidated plan during SEBI-regulated mutual fund consolidations and provides definitions for consolidating plan, consolidated plan, and mutual fund.</description>
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      <pubDate>Fri, 06 May 2016 16:29:42 +0530</pubDate>
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