Definition of security clarified: 'security' means government security under the Public Debt Act, affecting tax deduction eligibility. An explanatory clause defines the expression "security" for the income tax sub section to mean a Government security as defined in the public debt ... Summary
Definition of security clarified: 'security' means government security under the Public Debt Act, affecting tax deduction eligibility.
An explanatory clause defines the expression "security" for the income tax sub section to mean a Government security as defined in the public debt legislation, linking the tax provision's terminology to the statutory definition used in public debt law.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 1
Join Channel
TaxTMI 
