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>Finance Act 2017 amends Income-tax Act: New exemptions, retroactive changes, and revised rules effective from various dates.</h1> The Finance Act, 2017 amends section 10 of the Income-tax Act, introducing several changes effective from various dates. Clause (4) substitutes 'clause (q)' with 'clause (w)' retroactively from April 1, 2013. A new clause (12B) exempts partial withdrawals from the National Pension System up to 25% of contributions from April 1, 2018. Clause (23C) includes the Chief Minister's and Lieutenant Governor's Relief Funds retroactively from April 1, 1998, and specifies conditions for voluntary contributions to trusts from April 1, 2018. Clause (37A) addresses capital gains from specified assets under the Andhra Pradesh Land Pooling Scheme from April 1, 2015. Clause (38) restricts exemptions on certain equity share transactions from April 1, 2018. Clause (48B) exempts income from leftover crude oil stock sales by foreign companies after agreement expiry from April 1, 2018.
TaxTMI 
TaxTMI 
