Amendment of section 45.

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Full Text of the Document

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.... section 45 of the Income-tax Act relating to capital gains. Sub-section (1B) of the said section, inter alia, provides that where any person receives at any time during any previous year any amount under a unit linked insurance policy, to which exemption under clause (10D) of section 10 does not apply on account of the applicability of the fourth and fifth provisos thereof, including the amoun....