https://www.taxtmi.com/acts?id=48095 The amendment deletes the exception for co operative societies engaged in banking from the exclusion in section 2 and inserts a definition expanding residuary non banking company to include companies (other than specified financial companies) that receive deposits under any scheme or arrangement, by lump sum or instalments, contributions, subscriptions, sale of units or certificates, or other instruments, thereby broadening entities captured for interest tax purposes. en-us Tue, 28 Jan 2025 14:33:02 +0530 Tue, 28 Jan 2025 14:33:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48095 The amendment deletes the exception for co operative societies engaged in banking from the exclusion in section 2 and inserts a definition expanding residuary non banking company to include companies (other than specified financial companies) that receive deposits under any scheme or arrangement, by lump sum or instalments, contributions, subscriptions, sale of units or certificates, or other instruments, thereby broadening entities captured for interest tax purposes. Act-Rules F. Acts / Amendment Acts Tue, 28 Jan 2025 14:33:02 +0530 https://www.taxtmi.com/acts?id=48095