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    <title>Amendment of section 194LC.</title>
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    <description>Amendment modifies the withholding tax provision in section 194LC by substituting a later cutoff date in specified sub-clauses of sub-section (2)(i), changing &quot;and&quot; to &quot;or&quot; in the operative line, and inserting clause (ia) (deemed effective from the earlier fiscal date) to cover monies borrowed from outside India by way of issue of rupee denominated bonds issued before the revised cutoff date.</description>
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      <description>Amendment modifies the withholding tax provision in section 194LC by substituting a later cutoff date in specified sub-clauses of sub-section (2)(i), changing &quot;and&quot; to &quot;or&quot; in the operative line, and inserting clause (ia) (deemed effective from the earlier fiscal date) to cover monies borrowed from outside India by way of issue of rupee denominated bonds issued before the revised cutoff date.</description>
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