Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020

Section - 4 - Amendment of section 115AD

Amendment of section 115AD.

4. (XIV) in section 115AD, with effect from the 1st day of April, 2021,-

(a)-in sub-section (1),-
(i)-in the opening portion, for the words "Foreign Institutional Investor", the words "specified fund or Foreign Institutional Investor" shall be substituted;
[(ii)-after the long line, for clause (i), the following clause shall be substituted, namely:-
"(i)-the amount of income .... To read the full section download the app from Google Play store