Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Undistributed profits tax: repeal removes prior exemption for companies substantially interested by the public and their wholly owned subsidiaries. Section 108, which formerly excluded companies in which the public are substantially interested and wholly owned subsidiaries from application of section 104 in relation to the additional income-tax on undistributed profits, has been omitted by legislative amendment, thereby removing that statutory exemption.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Undistributed profits tax: repeal removes prior exemption for companies substantially interested by the public and their wholly owned subsidiaries.
Section 108, which formerly excluded companies in which the public are substantially interested and wholly owned subsidiaries from application of section 104 in relation to the additional income-tax on undistributed profits, has been omitted by legislative amendment, thereby removing that statutory exemption.
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