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)
Deductibility of interest on securities curtailed where tax not paid or deducted and no agent in India. Section 21 was omitted. Previously it deemed interest on securities payable outside India nondeductible for computing income where tax had not been paid or deducted under the withholding regime and no person in India could be treated as an agent for tax purposes.
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.
Deductibility of interest on securities curtailed where tax not paid or deducted and no agent in India.
Section 21 was omitted. Previously it deemed interest on securities payable outside India nondeductible for computing income where tax had not been paid or deducted under the withholding regime and no person in India could be treated as an agent for tax purposes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.