Amendment to section 143 expands eligible entities to include funds or trusts under the proviso. Amendment expands the class of entities in the proviso to section 143(5) by inserting the words or fund or trust after "scientific research association or ... Summary
Amendment to section 143 expands eligible entities to include funds or trusts under the proviso.
Amendment expands the class of entities in the proviso to section 143(5) by inserting the words or fund or trust after "scientific research association or other association," thereby expressly extending the proviso's applicability to funds and trusts; enacted by the Finance Act, 2007 with effect from the 1st day of June, 2007.
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