Special tax on interest establishes a nationwide levy under the Interest tax Act, clarifying short title and territorial extent. Imposes a special tax on interest by establishing the Interest tax Act and specifies its short title as the Interest tax Act, 1974, declaring that the Act ... Summary
Special tax on interest establishes a nationwide levy under the Interest tax Act, clarifying short title and territorial extent.
Imposes a special tax on interest by establishing the Interest tax Act and specifies its short title as the Interest tax Act, 1974, declaring that the Act extends to the whole of India, thereby defining its purpose and territorial scope.
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