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>Amendment to Section 13 Extends Income-Tax Exemption for Unit Trust of India to 2019, Retroactive from April 2014.</h1> Clause 108 of the Finance (No. 2) Bill, 2014 proposes an amendment to section 13 of the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002. The amendment changes the date in subsection (1) from '31st March, 2014' to '31st March, 2019,' effectively extending the income-tax exemption for the specified undertaking. This change is retroactive, applying from 1st April, 2014, ensuring that no income-tax or other tax is payable by the Administrator on income, profits, or gains during this extended period.
TaxTMI 
TaxTMI 
