https://www.taxtmi.com/acts?id=47151 Amendment inserts a statutory definition of interest on securities into section 2 of the Income-tax Act, defining it to include interest on any security of the Central or State Government and interest on debentures or other securities for money issued by or on behalf of a local authority, a company, or a statutory corporation, thereby fixing the scope of receipts treated as interest on securities for direct tax purposes. en-us Wed, 08 Jan 2025 11:25:36 +0530 Wed, 08 Jan 2025 11:25:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47151 Amendment inserts a statutory definition of interest on securities into section 2 of the Income-tax Act, defining it to include interest on any security of the Central or State Government and interest on debentures or other securities for money issued by or on behalf of a local authority, a company, or a statutory corporation, thereby fixing the scope of receipts treated as interest on securities for direct tax purposes. Act-Rules F. Acts / Amendment Acts Wed, 08 Jan 2025 11:25:36 +0530 https://www.taxtmi.com/acts?id=47151