Declaration of Non-Taxable Investment Income: new form statements require taxpayers to certify income below taxable threshold. The amendment inserts a declaration item into specified tax declaration forms requiring taxpayers to certify that income from dividends, interest on securities, other interest, units, and specified investment amounts, or the aggregate of such incomes for the relevant previous year, will not exceed the maximum amount not chargeable to income-tax.
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.
Declaration of Non-Taxable Investment Income: new form statements require taxpayers to certify income below taxable threshold.
The amendment inserts a declaration item into specified tax declaration forms requiring taxpayers to certify that income from dividends, interest on securities, other interest, units, and specified investment amounts, or the aggregate of such incomes for the relevant previous year, will not exceed the maximum amount not chargeable to income-tax.
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