Amendment of Section 55
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.... (2), in clause (aa), with effect from the 1st of April, 1996, - (i) for the portion beginning with the words "in a case where" and ending with the words, brackets, figures and letter &quo....
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....led to subscribe to any additional financial asset; or (B) is allotted any additional financial asset without any payment, then, subject to the provisions of sub-clauses (i) and (ii) of clause (b)....


TaxTMI
TaxTMI