Amendment of Section 112
In section 112 of the Income-tax Act, in sub-section (1),-
(a) in the proviso, for the words "being listed securities", the words "being listed securities or unit" shall be substituted;
(b) for the Explanation, the following Explanation shall be substituted, namely:-
'Explanation : For the purposes of this sub-section,-
(a) "listed securities" means the securities-
(i) as defined in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (32 of 1956); and
(ii) listed in any recognised stock exchange in India;
(b) "unit" shall have the meaning assigned to it in clause (b) of Explanation to section 115AB.'.