Amendment of section 115U.

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..... "income accruing or arising to or received" shall respectively be substituted; ( b ) in sub-section (2), ( i ) for the words "The person responsible for making", the words "The person responsible for crediting or making" shall be substituted; ( ii ) for the words "to the person receiving such income", the words "to the person who is liabl .....

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..... capital company or venture capital fund, during a previous year, from investments made in venture capital undertaking if not paid or credited to the person referred to in sub-section (1) , shall be deemed to have been credited to the account of the said person on the last day of the previous year in the same proportion in which such person would have been entitled to receive the income had it bee .....

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