Amendment of section 80I

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....s and gains derived by an assessee from - (i) an industrial undertaking which begins to manufacture or produce articles or things or to operate its cold storage plant or plants; or (ii) a ship which is first brought into use; or (iii) the business of a hotel which starts functioning, on or after the 1st day of April, 1990, there shall, in accordance with and sub....

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....ction (4), in clause (iv), for the words, figures and letters "before the 1st day of April, 1990", the words, figures and letters "before the 1st day of April, 1995" shall be substituted; (e) in sub-section (5), after the second proviso, the following provisos shall be inserted, namely :- 'Provided also that in the case of - (i) an industrial undertaking which begins....