Tax credit certificates provision for equity shareholders removed from statute; provision amended earlier and subsequently omitted. The provision authorising tax credit certificates to certain equity shareholders under the Income-tax Act, 1961 has been omitted from the statute ... Summary
Tax credit certificates provision for equity shareholders removed from statute; provision amended earlier and subsequently omitted.
The provision authorising tax credit certificates to certain equity shareholders under the Income-tax Act, 1961 has been omitted from the statute following subsequent Finance Act amendments; earlier legislative amendments had modified the provision prior to its removal.
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