Recognition of specified company expands tax provision's eligible entities to include the specified company or a mutual fund. The amendment substitutes the prior reference to the Unit Trust of India with a specified company as referred to in the transfer enactment and retains ... Summary
Recognition of specified company expands tax provision's eligible entities to include the specified company or a mutual fund.
The amendment substitutes the prior reference to the Unit Trust of India with a specified company as referred to in the transfer enactment and retains mutual funds as recognised entities under the tax provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.