https://www.taxtmi.com/acts?id=41403 Section 56(2) is amended to remove the residency qualifier in clause (viib) and to add the IFSC Fund Management Regulations, 2022 to the Explanation; clauses (xii) and (xiii) are inserted to tax specified sums from business trust distributions using a formula A-B-C and to tax life insurance receipts not excluded under section 10(10D), excluding unit linked policies, with taxable amounts computed as the excess over aggregate premiums paid. en-us Thu, 30 Mar 2023 15:35:25 +0530 Fri, 14 Apr 2023 15:13:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41403 Section 56(2) is amended to remove the residency qualifier in clause (viib) and to add the IFSC Fund Management Regulations, 2022 to the Explanation; clauses (xii) and (xiii) are inserted to tax specified sums from business trust distributions using a formula A-B-C and to tax life insurance receipts not excluded under section 10(10D), excluding unit linked policies, with taxable amounts computed as the excess over aggregate premiums paid. Act-Rules F. Acts / Amendment Acts Thu, 30 Mar 2023 15:35:25 +0530 https://www.taxtmi.com/acts?id=41403