https://www.taxtmi.com/acts?id=17164 The amendment adds a sub-clause to section 40(a) disallowing as deductions any amounts paid as royalty, licence fee, service fee, privilege fee, service charge or other fee that are levied exclusively on, or appropriated from, a State Government undertaking by the State Government. It defines "State Government undertaking" to include State-established corporations, companies majority-held or controlled by the State or its entities, and authorities or bodies established by or owned or controlled by the State, and applies from the stated commencement to ensuing assessment years. en-us Fri, 01 Mar 2013 17:17:35 +0530 Sat, 02 Mar 2013 10:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17164 The amendment adds a sub-clause to section 40(a) disallowing as deductions any amounts paid as royalty, licence fee, service fee, privilege fee, service charge or other fee that are levied exclusively on, or appropriated from, a State Government undertaking by the State Government. It defines "State Government undertaking" to include State-established corporations, companies majority-held or controlled by the State or its entities, and authorities or bodies established by or owned or controlled by the State, and applies from the stated commencement to ensuing assessment years. Act-Rules Bills Fri, 01 Mar 2013 17:17:35 +0530 https://www.taxtmi.com/acts?id=17164