https://www.taxtmi.com/acts?id=10153 The amendment replaces the Explanation to section 234B by defining assessed tax as the tax on total income determined under summary assessment or under regular assessment, reduced by: tax deducted or collected at source taken into account; foreign tax reliefs allowed under the double taxation relief provisions and for specified territories; deduction for foreign taxes from Indian tax payable; and any specified tax credit allowed to be set off under the corporate tax credit provisions. en-us Wed, 22 Oct 2008 17:21:33 +0530 Wed, 22 Oct 2008 17:21:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10153 The amendment replaces the Explanation to section 234B by defining assessed tax as the tax on total income determined under summary assessment or under regular assessment, reduced by: tax deducted or collected at source taken into account; foreign tax reliefs allowed under the double taxation relief provisions and for specified territories; deduction for foreign taxes from Indian tax payable; and any specified tax credit allowed to be set off under the corporate tax credit provisions. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 17:21:33 +0530 https://www.taxtmi.com/acts?id=10153