Unit Trust of India definition differs between tax withholding contexts and the stated Income-tax Act provision. Unit Trust of India under the Income-tax Act, 2025, for tax deduction or collection at source purposes, means the entity referred to in the Unit Trust of ... Summary
Unit Trust of India definition differs between tax withholding contexts and the stated Income-tax Act provision.
Unit Trust of India under the Income-tax Act, 2025, for tax deduction or collection at source purposes, means the entity referred to in the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002. Under the Income-tax Act, 1961, for the stated provision, it means the Unit Trust of India established under the Unit Trust of India Act, 1963.
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