TaxTMI 
TaxTMI 
Amendment of section 10
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....the amount of his share in the profits of the firm in accordance with the partnership deed bears to such profits;"; (b) in clause (3), in the proviso, - (i) for the words "Provided that", the following shall be substituted, namely :- 'Provided that where such receipts relate to winnings from races including horse races, the provisions of this clause shall have effect as if for the words "five thousand rupees", the words "two thousand five hundred rupees" had been substituted : Provided further that'; (ii) in clause (iii), the words "or", occurring at the end, shall be omitted; (iii) clause (iv) shall be omitted; (c) in clause (6), in sub-clause (viia), with effect from t....
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.... paid"; (e) after clause (10B), the following clause shall be inserted, namely :- "(10BB) any payments made under the Bhopal Gas Leak Disaster (Processing of Claims) Act, 1985 (21 of 1985) and any scheme framed thereunder except payment made to any assessee in connection with the Bhopal gas leak disaster to the extent such assessee has been allowed a deduction under this Act on account of any loss or damage caused to him by such disaster;"; (f) for clause (10C), the following clause shall be substituted, with effect from the 1st day of April, 1993, namely :- "(10C) any amount received by an employee of a public sector company or of any other company at the time of his voluntary retirement in accordance wi....
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....ny accretion to the shares, forming part of the corpus of the fund mentioned in sub-clause (i), by way of bonus shares allotted to the scientific research association; (iv) voluntary contributions received and maintained in the form of jewellery, furniture or any other article as the Board may, by notification in the Official Gazette, specify, for any period during the previous year otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11:"; (i) in clause (23), - (1) for clause (b) of the third proviso, the following clause shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1990, namely :- "(b) does no....
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....ets (being debentures issued by, or on behalf of, any company or corporation), acquired by the fund, trust or institution before the 1st day of March, 1983; (iii) any accretion to the shares, forming part of the corpus mentioned in sub-clause (i), by way of bonus shares allotted to the fund, trust or institution; (iv) voluntary contributions received and maintained in the form of jewellery, furniture or any other article as the Board may, by notification in the Official Gazette, specify, for any period during the previous year otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11;"; (2) in the fourth proviso, for the figures "1992", the figures "1993" shall be ....