Special corporate tax regime exclusion applies to entities covered by a separate tax provision, changing regime applicability. The amendment inserts an exclusion in section 115BAD(1) so that, after "provisions of this Chapter," the words "other than those mentioned under section ... Summary
Special corporate tax regime exclusion applies to entities covered by a separate tax provision, changing regime applicability.
The amendment inserts an exclusion in section 115BAD(1) so that, after "provisions of this Chapter," the words "other than those mentioned under section 115BAE," are added, specifying that the special corporate taxation regime under section 115BAD does not apply to provisions mentioned under section 115BAE, with effect from the 1st day of April, 2024.
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