Amendment of section 80-IA

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.... from the I st day of April, 2008; (ii) in sub-section (3), for the word, brackets and figures "clause (iv)", the words, brackets and figures "clause (iv) or clause (vi)" shall be substituted with effect from the 1st day of April, 2008; (iii) in sub-section (4), with effect from the 1st day of April, 2008,— . (A) in clause (i), in the Explanation, in clause (d), for the words "or inland....

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....; (b) it has been approved by the Petroleum and Natural Gas Regulatory Board established under sub-section (1) of section 3 of the Petroleum and Natural Gas Regulatory Board Act, 2006 and notified by the Central Government in the Official Gazette; (19 of 2006.) (c) one-third of its total pipeline capacity is available for use on common carrier basis by any person other than the assessee or a....

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.... of the total borrowings of the assessee.'; (iv) after sub-section (12), the following sub-section shall be inserted with effect from the 1st day of April, 2008, namely:— "(12A) Nothing contained in sub-section (12) shall apply to any enterprise or undertaking which is transferred in a scheme of amalgamation or demerger on or after the 1st day of April, 2007."; (v) after sub-section (13....