March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIG - Special provisions relating to income of shipping companies Income-tax Act 1961Section – 115V : Definitions115V. In this Chapter, unless the context otherwise requires,— (a) “bareboat charter” means hiring of […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIFB - SPECIAL PROVISIONS RELATING TO TAX ON INCOME OF INVESTMENT FUNDS AND INCOME RECEIVED FROM SUCH FUNDS Income-tax Act 1961Section – 115UB : Tax on income of investment fund and its unit holders115UB. (1) Notwithstanding anything contained in any other provi- sions of this Act and subject […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIFA - SPECIAL PROVISIONS RELATING TO BUSINESS TRUSTS Income-tax Act 1961Section – 115UA : Tax on income of unit holder and business trust115UA. (1) Notwithstanding anything contained in any other provi- sions of this Act, any income […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIF - Special provisions relating to tax on income received from venture capital companies and venture capital funds Income-tax Act 1961Section – 115U : Tax on income in certain cases115U. (1) Notwithstanding anything contained in any other provisions of this Act, any income accruing […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIEB - SPECIAL PROVISIONS RELATING TO TAX ON ACCRETED INCOMEOF CERTAIN TRUSTS AND INSTITUTIONS Income-tax Act 1961Section – 115TF : When trust or institution is deemed to be assessee in default115TF. (1) If any principal officer or the trustee of the trust or the institution […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIEB - SPECIAL PROVISIONS RELATING TO TAX ON ACCRETED INCOMEOF CERTAIN TRUSTS AND INSTITUTIONS Income-tax Act 1961Section – 115TE : Interest payable for non-payment of tax by trust or institution115TE. Where the principal officer or the trustee of the trust or the institution and […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIEB - SPECIAL PROVISIONS RELATING TO TAX ON ACCRETED INCOMEOF CERTAIN TRUSTS AND INSTITUTIONS Income-tax Act 1961Section – 115TD : Tax on accreted income115TD. (1) Notwithstanding anything contained in this Act, where in any previous year, a trust […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIEA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME BY SECURITISATION TRUSTS Income-tax Act 1961Section – 115TCA : Tax on income from securitisation trusts115TCA. (1) Notwithstanding anything contained in this Act, any income accruing or arising to, or […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIEA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME BY SECURITISATION TRUSTS Income-tax Act 1961Section – 115TC : Securitisation trust to be assessee in default115TC. If any person responsible for making payment of the income distributed by the securitisation […]
March 5, 2018Published by Law@HostBooks at March 5, 2018Categories CHAPTER XIIEA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME BY SECURITISATION TRUSTS Income-tax Act 1961Section – 115TB : Interest payable for non-payment of tax115TB. Where the person responsible for making payment of the income distributed by the securitisation […]