https://www.taxtmi.com/acts?id=38288 The amendment redefines investment income under Chapter XII A by omitting the exclusion for dividends referred to in section 115 O, so that any income derived from a foreign exchange asset, including such dividends, will constitute investment income; the change operates from the commencement date in the Bill and applies to the relevant subsequent assessment year and onward. en-us Sat, 01 Feb 2020 16:55:27 +0530 Sat, 01 Feb 2020 16:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38288 The amendment redefines investment income under Chapter XII A by omitting the exclusion for dividends referred to in section 115 O, so that any income derived from a foreign exchange asset, including such dividends, will constitute investment income; the change operates from the commencement date in the Bill and applies to the relevant subsequent assessment year and onward. Act-Rules Bill Sat, 01 Feb 2020 16:55:27 +0530 https://www.taxtmi.com/acts?id=38288