https://www.taxtmi.com/acts?id=45688 The amendment adds a new clause providing that a company meets the condition where at least 75 per cent. of its share capital is throughout the previous year beneficially held by an institution or fund established in the taxable territories for a charitable purpose, the income of which is exempt under clause (i) of sub section (3) of section 4; the clause is deemed effective from 1 April 1960, and the word "or" is added to the end of clause (ii). en-us Thu, 28 Nov 2024 16:04:27 +0530 Thu, 28 Nov 2024 16:04:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45688 The amendment adds a new clause providing that a company meets the condition where at least 75 per cent. of its share capital is throughout the previous year beneficially held by an institution or fund established in the taxable territories for a charitable purpose, the income of which is exempt under clause (i) of sub section (3) of section 4; the clause is deemed effective from 1 April 1960, and the word "or" is added to the end of clause (ii). Act-Rules F. Acts / Amendment Acts Thu, 28 Nov 2024 16:04:27 +0530 https://www.taxtmi.com/acts?id=45688