Amendment of section 112A.

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Full Text of the Document

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....itted; (b) in the second proviso, the words "on account of the applicability of the fourth and fifth provisos thereof" shall be omitted. - Clause 22 of the Bill seeks to amend section 112A of the Income-tax Act relating to tax on long-term capital gains in certain cases. Clause (a) of the Explanation to the said section, inter alia, provides that "equity oriented fund" m....