https://www.taxtmi.com/acts?id=41184 Amendments require the option under Explanation 1(2) and the statement of accumulation under subsection (2)(c) to be exercised or furnished at least two months before the return due date; impose no violation conditions and a five year repayment/investment window for applications from corpus or loan/borrowing to qualify as application for charitable or religious purposes; and introduce a provision treating certain amounts credited or paid to specified institutions as such applications only to the extent of eighty five per cent. en-us Wed, 01 Feb 2023 15:27:15 +0530 Wed, 01 Feb 2023 15:27:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41184 Amendments require the option under Explanation 1(2) and the statement of accumulation under subsection (2)(c) to be exercised or furnished at least two months before the return due date; impose no violation conditions and a five year repayment/investment window for applications from corpus or loan/borrowing to qualify as application for charitable or religious purposes; and introduce a provision treating certain amounts credited or paid to specified institutions as such applications only to the extent of eighty five per cent. Act-Rules Bill Wed, 01 Feb 2023 15:27:15 +0530 https://www.taxtmi.com/acts?id=41184