Specified undertaking definition for TDS and TCS follows a cross-referenced statutory meaning under income-tax law. Specified undertaking, for TDS and TCS purposes under section 402(40) of the Income-tax Act, 2025, adopts the meaning assigned in section 2(i) of the Unit ... Summary
Specified undertaking definition for TDS and TCS follows a cross-referenced statutory meaning under income-tax law.
Specified undertaking, for TDS and TCS purposes under section 402(40) of the Income-tax Act, 2025, adopts the meaning assigned in section 2(i) of the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002. The term is defined by statutory cross-reference only for that limited application, with no corresponding definition under the Income-tax Act, 1961.
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