Amendment of Act 63 of 1960

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..... referred to in sub-clause (ii) of clause (5A) , the following shall be substituted, namely :- clause (26) of section 2 of the Income-tax Act, 1961 (43 of 1961), and includes a company referred to in sub-clause (ii) of clause (17) ; (b) in clause (c), the words, figures and letters having been issued and subscribed for before the 1st day of April, 1960 shall be omitted; (c) in clause (d), for the w .....

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..... ll be inserted; (ii) for the words, brackets, figures and letter sub-section (3D) of section 18 of the Indian Income-tax Act, 1922 (11 of 1922) , the words and figures section 194 of the Income-tax Act, 1961 (43 of 1961) shall be substituted; (iii) in section 4, - (a) for the words where any preference share has been issued by a company any portion of the profits and gains of which , the following .....

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..... specification that the dividend would be subject to income-tax, such deduction shall in no case exceed twenty-five per cent. of the stipulated dividend. ; (v) in section 6, for the words this Act , the words and figures section 3 or section 4 shall be substituted. - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagement .....

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