Amendment of section 9A.

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Full Text of the Document

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....in this clause shall apply to a fund which has been wound up in the previous year;". - Clause 5 of the Bill seeks to amend section 9A of the Income-tax Act relating to certain activities not to constitute business connection in India. Sub-section (3) of the said section 9A provides for the conditions to be fulfilled for being an eligible investment fund. Clause (j) of the said sub-section and ....