IT Act definition

IT Act means Income Tax Act, 1961 and rules and regulations made there under and shall include any statutory modification, amendment or re-enactment thereof for the time being in force;
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IT Act means the Income Tax Act, 1961;
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IT Act means the Income Tax Act, 1961 and the rules made there under and shall include any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force;
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Examples of IT Act in a sentence

  • Provided further that in a case of a Small Shareholder or Indian Resident Shareholder who does not furnish a self-declaration as provided for in Section 2.4(b), the Buyer may exercise its discretion, acting reasonably, to withhold Taxes, if any, that are deductible in accordance with the IT Act from the Per Share Consideration payable to such Small Shareholder or Indian Resident Shareholder.

  • The Company shall issue a certificate to AGCO evidencing the deposit of such taxes withheld within prescribed time period as per IT Act.

  • The Company shall deposit the Withholding Tax Amount with the Indian tax authorities on or before the due date specified under the IT Act.

  • The Shareholder is a non-resident of India, in accordance with Section 6 of the IT Act, for the entire Financial Year in which the Completion takes place.

  • The Shareholder shall provide the Company and any Indian Investee with such cooperation and assistance, including providing information and documents, as may be reasonably requested by the Company in connection with the Repurchase, for any Indian Investee to comply with Section 285A of the IT Act and the Rule 114DB of the (Indian) Income Tax Rules, 1962.


More Definitions of IT Act

IT Act means the Income-tax Act, 1961 and rules and regulations made thereunder and shall include any statutory modification, amendment or re-enactment thereof for the time being in force.
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IT Act means the Income-tax Act, 1961, of India, including any statutory modifications, re-enactments, or amendments thereof for the time being in force;
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IT Act means the Income-tax Act, 1961 and shall include any statutory modifications, re-enactments or amendments thereof for the time being in force;
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IT Act means the Indian Income-tax Act, 1961, and rules, circulars and notifications thereunder together with all applicable bye-laws, regulations, orders, ordinances, policies, directions and the like issued thereunder, as amended, re-enacted or replaced from time to time;
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IT Act means Indian Income-tax Act, 1961, as may be amended from time to time, re-enacted or replaced and shall include any regulation, rules, by-laws or guidelines issued thereunder;
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IT Act means the Income Tax Act, 1961 to the extent notified, and as amended, modified or replaced from time to time by the Governmental Authority.
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IT Act means the Income-tax Act, 1961.
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