TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 144 omitted effective 1-4-1989: changes to s.21A Wealth-tax Act, 'interested person' definition, tax treatment and 12-month deeming rule</h1> Section 144 has been omitted effective 1-4-1989; formerly it amended section 21A of the Wealth-tax Act by substituting the phrase 'any interested person' for references to persons under section 13(3) of the Income-tax Act, deleting one clause, and revising provisos to align substantial-interest tests with Explanation 3 to subsection (4) of section 80F of the Income-tax Act. It also modified treatment of notified trusts or institutions of national importance by changing applicable tax rates and altered the Explanation to adopt the definition of 'interested person' from Explanation 1 to subsection (4) of section 80F and added a twelve-month deeming rule.
TaxTMI 
TaxTMI 
