Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Minimum distribution reduction: Rule for company applications removed, affecting mechanism to seek reduced payouts procedures The procedural route for a company to apply for reduction of the minimum distribution requirement was provided by Rule 111A of the Income-tax Rules, 1962; Rule 111A was omitted by the IT (Thirty-second Amendment) Rules, 1999, with effect from 19-11-1999, removing that specific regulatory mechanism.
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.
Minimum distribution reduction: Rule for company applications removed, affecting mechanism to seek reduced payouts procedures
The procedural route for a company to apply for reduction of the minimum distribution requirement was provided by Rule 111A of the Income-tax Rules, 1962; Rule 111A was omitted by the IT (Thirty-second Amendment) Rules, 1999, with effect from 19-11-1999, removing that specific regulatory mechanism.
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