Amendment to section 280F clarifies that depositor-paid tax under section 140A counts for assessment-linked provisions. The amendment to section 280F(3) inserts that tax paid by the depositor under section 140A is included within the provision, and substitutes the prior phrase so that the clause now applies to amounts 'on which tax has been paid under section 140A or in respect of which the regular assessment or the provisional assessment aforesaid has been made,' thereby equating depositor-paid tax with amounts determined under regular or provisional assessment for the purposes of sub-section (3).
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.
Amendment to section 280F clarifies that depositor-paid tax under section 140A counts for assessment-linked provisions.
The amendment to section 280F(3) inserts that tax paid by the depositor under section 140A is included within the provision, and substitutes the prior phrase so that the clause now applies to amounts "on which tax has been paid under section 140A or in respect of which the regular assessment or the provisional assessment aforesaid has been made," thereby equating depositor-paid tax with amounts determined under regular or provisional assessment for the purposes of sub-section (3).
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