Amendment of section 54E

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.... 28th day of February, 1983, the provisions of this sub-section shall not apply unless the assessee has invested or deposited the whole or as the case may be any part of the net consideration in the new asset by initially subscribing to such new asset."; (ii) in Explanation 1, - (A) in clause (b), after the words, figures and letters "after the 28th day of February, 1979", the w....

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.... under this clause by the Central Government; (iv) such debentures issued by the Housing and Urban Development Corporation Limited (a Government company as defined in section 617 of the Companies Act, 1956 (1 of 1956), as the Central Government may, by notification in the Official Gazette, specify in this behalf."; (b) in sub-section (2), the Explanation shall be numbered as Explanation 1....