INCOME-TAX (FIFTH AMENDMENT) RULES, 2009 - AMENDMENT IN RULE 67

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....rule 67, for sub-rule (2) the following shall be substituted, namely:- "(2) The manner of investment referred to in sub-rule (1) shall be in accordance with the following Table, namely:- TABLE INVESTMENT PATTERN SI. No. Investment Maximum percentage amount to be  invested in items referred to in column (2) (1) (2) (3) (i) (a) in Government securities; (b)Other securities, as defined in section 2(h) of the Securities Contract (Regulation) Act, 1956, the principal  whereof and interest whereon is fully and unconditionally guaranteed by the Central Government, or any State Government, except those covered under clause (ii)(a) below: and/or (c) units of mutual funds set up as dedicated funds for ....

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....educed by obligatory outgoings, shall be invested in accordance with the manner of investment specified in this sub-rule: Provided further that the investment pattern specified in this sub-rule may be achieved by the end of the previous year; so however that at no time during the year investment in any category should exceed by more than ten per cent of the limit prescribed: Provided also that, irrespective of the proportion of investments stated in clauses (i) of the said Table, exposure of a trust to any individual mutual fund, under sub-clause (c) of the said clause, which has been set up as a dedicated fund for investment in Government securities, shall not exceed five per cent of its total portfolio at any point of time: Provi....