Amendment of section 45

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....e substituted; (b) for clauses (a), (b), (c), (d) and (da), the following clauses shall be substituted, namely :- "(a) a company in which the public are substantially interested; (b) any company to an Indian company in a scheme of amalgamation;"; (c) 1[****] (d) 2[****]'.     ************** NOTES:- 1.  Omitted vide Section 95 of the Direct Tax L....

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....n relation to gifts made by an institution or fund referred to in that clause shall not be denied merely on either or both of the following grounds, namely :- (i) that, subsequent to the gift, the institution or fund has become ineligible to the deduction under section 80F of the Income-tax Act due to non-compliance with any of the provisions of that section; (ii) that the deduction under sect....