Amendment of section 115BAB.

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..... -Deductions in respect of certain incomes other than the provisions of section 80JJAA , the words, figures and letters Chapter VI-A other than the provisions of section 80JJAA or section 80M shall be substituted; ( ii ) after clause (c ), the following Explanation shall be inserted, namely: ' Explanation . For t .....

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..... n 80JJAA. Sub-section (1) of said section provides that the income-tax payable by a domestic company shall be at the rate of fifteen per cent. if the conditions in sub-section (2) of the said section are satisfied. Sub-section (2) of said section specifies the conditions which a domestic company needs to satisfy to be eligible to be taxed at the rate of fifteen per cent. It is proposed to .....

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