Deduction of tax under section 195 clarified to use Finance Act or tax treaty rates, and company ownership rules updated. A new ownership-based company definition treats companies whose voting-share majority is allotted to or held throughout the relevant year by one or more co-operative societies as companies for income-tax purposes; an additional entry brings specified business receipt sums within the charge to income-tax. The withholding tax rule is substituted to require use of the Finance Act rate or the rate in a government tax-treaty agreement, as applicable. Two prior definition clauses are omitted, all changes having stated commencement dates in 1992-1993.