TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Company and principal officer become assessees in default for unpaid tax on share buy-back under section 115QA</h1> A domestic company and its principal officer are deemed assessees in default if they fail to pay tax on distributed income under section 115QA relating to buy-back of shares. When such non-payment occurs, all provisions of the Income Tax Act regarding collection and recovery of income tax become applicable to both the company and its principal officer for the unpaid tax amount.
TaxTMI 
TaxTMI 
