Amendment of section 115-O.

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Full Text of the Document

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....all cease to have effect from the 1st day of June, 2011.". - Clause 19 of the Bill seeks to amend section 115-O of the Income-tax Act relating to tax on distributed profits of domestic companies. Sub-section (6) was inserted in the aforesaid section by way of a modification vide section 27 of the Special Economic Zones Act, 2005 read with the Second Schedule thereof. The existing provis....