TMI BlogAmendment of section 111AX X X X Extracts X X X X X X X X Extracts X X X X ..... proviso, the following proviso shall be inserted, namely: Provided further that the provisions of this sub-section shall not apply in respect of any income arising from transfer of units of a business trust which were acquired by the assessee in consideration of a transfer as referred to in clause (xvii) of section 47. . - Clause 33 of the Bill seeks to amend section 111A of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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