https://www.taxtmi.com/acts?id=50769 The amendment replaced references to third-party taxpayers with "interested person", omitted a clause, adjusted provisos to apply substantial-interest tests consistent with the income-tax provision, modified rate application and exceptions for notified trusts and institutions, and revised the Explanation to define "interested person" and deem parts of a trust's property or income as used for an interested person's benefit when conditions mirroring the income-tax trust-benefit test occur within the valuation period. en-us Mon, 14 Apr 2025 18:29:08 +0530 Tue, 02 Sep 2025 17:07:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50769 The amendment replaced references to third-party taxpayers with "interested person", omitted a clause, adjusted provisos to apply substantial-interest tests consistent with the income-tax provision, modified rate application and exceptions for notified trusts and institutions, and revised the Explanation to define "interested person" and deem parts of a trust's property or income as used for an interested person's benefit when conditions mirroring the income-tax trust-benefit test occur within the valuation period. Act-Rules F. Acts / Amendment Acts Mon, 14 Apr 2025 18:29:08 +0530 https://www.taxtmi.com/acts?id=50769