https://www.taxtmi.com/acts?id=38294 The amendment extends the scope of the tax on accreted income in section 115TD to include trusts and institutions registered under section 12AB by substituting references so that the existing substantive and procedural provisions, including additional tax at the maximum marginal rate for disqualifying conversions, improper mergers, or failure to transfer assets on dissolution within the prescribed period, apply mutatis mutandis to entities registered under the newer registration route. en-us Sat, 01 Feb 2020 16:58:17 +0530 Sat, 01 Feb 2020 16:58:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38294 The amendment extends the scope of the tax on accreted income in section 115TD to include trusts and institutions registered under section 12AB by substituting references so that the existing substantive and procedural provisions, including additional tax at the maximum marginal rate for disqualifying conversions, improper mergers, or failure to transfer assets on dissolution within the prescribed period, apply mutatis mutandis to entities registered under the newer registration route. Act-Rules Bill Sat, 01 Feb 2020 16:58:17 +0530 https://www.taxtmi.com/acts?id=38294