Withholding tax on sale of equity-fund units to insurers for unit-linked policies now subject to a specified rate and retrospective application. Insertion of a new table entry prescribing a specified withholding rate on sale, surrender or redemption of units of an equity oriented fund to an insurance company in connection with a unit linked insurance policy issued on or after the stated effective date, and making that provision retrospective to that effective date.
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.
Withholding tax on sale of equity-fund units to insurers for unit-linked policies now subject to a specified rate and retrospective application.
Insertion of a new table entry prescribing a specified withholding rate on sale, surrender or redemption of units of an equity oriented fund to an insurance company in connection with a unit linked insurance policy issued on or after the stated effective date, and making that provision retrospective to that effective date.
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