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Application of general tax provisions extends Code-wide rules to companies under this Chapter unless otherwise specified. Clause 107 provides that, save as otherwise provided in this Chapter, all other provisions of the Code shall apply to a company referred to in this Chapter, establishing that Chapter-specific provisions prevail but otherwise preserving the operation of the Code for computation of book profit.
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<h1>Application of general tax provisions extends Code-wide rules to companies under this Chapter unless otherwise specified.</h1> Clause 107 provides that, save as otherwise provided in this Chapter, all other provisions of the Code shall apply to a company referred to in this Chapter, establishing that Chapter-specific provisions prevail but otherwise preserving the operation of the Code for computation of book profit.