https://www.taxtmi.com/acts?id=21410 Section 115TD charges an additional tax at the maximum marginal rate on the accreted income of specified persons when they convert to a non eligible form, merge with a non similar registered entity, or fail to transfer assets on dissolution; accreted income equals aggregate fair market value of assets minus liabilities on the specified date, with specified exclusions, and the tax is final, payable within prescribed timeframes by the principal officer and the specified person, with no further credits or deductions allowed. en-us Thu, 12 May 2016 15:28:53 +0530 Thu, 28 Aug 2025 14:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21410 Section 115TD charges an additional tax at the maximum marginal rate on the accreted income of specified persons when they convert to a non eligible form, merge with a non similar registered entity, or fail to transfer assets on dissolution; accreted income equals aggregate fair market value of assets minus liabilities on the specified date, with specified exclusions, and the tax is final, payable within prescribed timeframes by the principal officer and the specified person, with no further credits or deductions allowed. Act-Rules Income Tax Thu, 12 May 2016 15:28:53 +0530 https://www.taxtmi.com/acts?id=21410