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of <h1>Section 109: Rules for calculating distributable income and statutory percentages for companies, categories, and apportionment of activities</h1> Section 109 defines terms for additional income-tax on undistributed profits, specifying 'distributable income' as gross total income adjusted for tax, certain deductions, capital gains losses, foreign income restrictions and specified business expenditures; it defines categories like investment, consultancy service and trading companies and prescribes 'statutory percentages' for each category and for parts of income attributable to specified activities (manufacture, mining, power, technical know-how, shipbuilding), with apportionment rules treating each part as separate for computing distributable income and dividends. For other companies, statutory percentages depend on accumulated profits and reserves relative to capital, loan capital or fixed assets, with higher percentages where thresholds are exceeded.
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