1. SEBI comes out with Master Circular for Mutual Funds. Circulars issued till 31-03-2012 incorporated. Master Circular IMD/MC no.3/10554/2012,dated 11-05-2012.
2. Explanatory notes to the provisions of Finance Act, 2011 (Income Tax Amendments for Assessment Year 2012-2013). Circular no.02/2012 [F. No.142/01/2012-SO (TPL)] of 22-05-2012.
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