https://www.taxtmi.com/acts?id=51580 An assessee engaged in petroleum or natural gas operations under an agreement with the Central Government may claim a deduction for deposits to a designated special or site restoration account; the deduction and its computation are governed by Schedule X. Withdrawals or transfers from those accounts are chargeable to tax in the year of transfer or withdrawal, and sale or transfer of assets acquired under the special or deposit schemes is taxed according to Schedule X. en-us Wed, 13 Aug 2025 18:55:17 +0530 Mon, 25 Aug 2025 13:04:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51580 An assessee engaged in petroleum or natural gas operations under an agreement with the Central Government may claim a deduction for deposits to a designated special or site restoration account; the deduction and its computation are governed by Schedule X. Withdrawals or transfers from those accounts are chargeable to tax in the year of transfer or withdrawal, and sale or transfer of assets acquired under the special or deposit schemes is taxed according to Schedule X. Act-Rules Income Tax Wed, 13 Aug 2025 18:55:17 +0530 https://www.taxtmi.com/acts?id=51580