https://www.taxtmi.com/acts?id=48429 Clause (b) of sub-section (3) is revised to classify as a specified person anyone whose contribution in the relevant previous year exceeds the applicable annual threshold or whose aggregate contributions up to that year exceed the applicable cumulative threshold; clause (d) is amended to exclude relatives of such contributors from being treated as specified persons; and clause (e) is amended so that concerns in which such contributors have substantial interest are not treated as specified persons. The amendments are effective from the start of the coming fiscal year. en-us Sat, 01 Feb 2025 14:30:18 +0530 Tue, 04 Feb 2025 15:13:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48429 Clause (b) of sub-section (3) is revised to classify as a specified person anyone whose contribution in the relevant previous year exceeds the applicable annual threshold or whose aggregate contributions up to that year exceed the applicable cumulative threshold; clause (d) is amended to exclude relatives of such contributors from being treated as specified persons; and clause (e) is amended so that concerns in which such contributors have substantial interest are not treated as specified persons. The amendments are effective from the start of the coming fiscal year. Act-Rules Bills Sat, 01 Feb 2025 14:30:18 +0530 https://www.taxtmi.com/acts?id=48429