Tax payment under section 140A now counts for section 210 determinations, aligning payment-based and assessment-based tax closure. Amendment expands the scope of section 210(3) to include cases where tax has been paid under section 140A and substitutes prior wording so determinations ... Summary
Tax payment under section 140A now counts for section 210 determinations, aligning payment-based and assessment-based tax closure.
Amendment expands the scope of section 210(3) to include cases where tax has been paid under section 140A and substitutes prior wording so determinations apply when tax is paid under section 140A or when a regular or provisional assessment has been made.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.