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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Amendment of section 115QA. - tax on distributed income to ...

Bill

March 1, 2016

Amendment of section 115QA. - tax on distributed income to shareholders. - “distributed income” shall mean the consideration paid by the company on buy-back of shares as reduced by the amount, which was received by the company for issue of such shares, determined in the manner as may be prescribed.

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