Consequential Amendments

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....ction 54E, in Explanation 1 below sub-section (1), in clause (d), the Explanation shall be omitted; (iii) in section 80L, in sub-section (1), in clause (ii), the Explanation shall be omitted; (iv) in section 193, in the proviso, in clause (iib), the Explanation shall be omitted; (b) with effect from the 1st day of June, 1987, - (i) in section 272A, in sub-sectio....

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....any has been held by the parent company or by its nominees throughout the previous year" shall be substituted; (ii) in clause (ii) of sub-section (4) of section 10A, in clause (i) of the Explanation below section 44C, in sub-section (2) of section 75, in clause (b) of sub-section (2) of section 77, in section 80, in sub-section (3) of section 139, in clause (iv) of sub-section (2) of sect....

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....s" and "Income from other sources"' shall be substituted; (v) in section 155, in sub-section (10A), for the words "capital asset, not being a short-term capital asset", the words "long-term capital asset" shall be substituted; (vi) in section 236A, - (1) for the words, brackets and figures "In the case of an institution or fund referred to in clause (iii) of sub-sect....