Amendment of section 115ACA

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Full Text of the Document

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....bonds of issuing company" occuring at the end, the following shall be substituted, namely:- "issued to investors against the issue of,- (i) ordinary shares of issuing company, being a company listed on a recognised stock exchange in India; or (ii) foreign currency convertible bonds of issuing company;". - Clause 28 of the Bill seeks to amend section 115ACA of the Income-tax Act relating to ....