https://www.taxtmi.com/acts?id=46497 The substituted sub-section provides that Section 104 shall not apply to Indian companies whose business consists mainly in ship construction, manufacture or processing of goods, mining, or generation or distribution of electricity or any other form of power, and to companies that are neither Indian nor have made prescribed arrangements for declaration and payment of dividends within India; a company's business is deemed to consist mainly in those activities where income from them is fifty-one per cent or more of gross total income for the relevant previous year. en-us Fri, 20 Dec 2024 16:14:22 +0530 Fri, 20 Dec 2024 16:14:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46497 The substituted sub-section provides that Section 104 shall not apply to Indian companies whose business consists mainly in ship construction, manufacture or processing of goods, mining, or generation or distribution of electricity or any other form of power, and to companies that are neither Indian nor have made prescribed arrangements for declaration and payment of dividends within India; a company's business is deemed to consist mainly in those activities where income from them is fifty-one per cent or more of gross total income for the relevant previous year. Act-Rules F. Acts / Amendment Acts Fri, 20 Dec 2024 16:14:22 +0530 https://www.taxtmi.com/acts?id=46497