https://www.taxtmi.com/acts?id=51701 An assessee must make a secondary adjustment where a primary adjustment of one crore rupees or more increases income or reduces loss. Excess money left with an associated enterprise that is not repatriated within the prescribed time is deemed an advance from the assessee and interest on that advance is computed as prescribed. The assessee may instead pay an additional income-tax at a specified rate on the unrepatriated excess; that tax is final, disallows deductions, and, if paid, obviates the need for a secondary adjustment and interest computation from the date of payment. en-us Thu, 14 Aug 2025 11:18:49 +0530 Wed, 27 Aug 2025 16:40:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51701 An assessee must make a secondary adjustment where a primary adjustment of one crore rupees or more increases income or reduces loss. Excess money left with an associated enterprise that is not repatriated within the prescribed time is deemed an advance from the assessee and interest on that advance is computed as prescribed. The assessee may instead pay an additional income-tax at a specified rate on the unrepatriated excess; that tax is final, disallows deductions, and, if paid, obviates the need for a secondary adjustment and interest computation from the date of payment. Act-Rules Income Tax Thu, 14 Aug 2025 11:18:49 +0530 https://www.taxtmi.com/acts?id=51701