General Insurance Business (Nationalisation) Act : Acquiring companies and income-tax. Indian Bare Acts

General Insurance Business (Nationalisation) Act,1972

Act No : 57

Section : Acquiring companies and income-tax.

26. Acquiring companies and income-tax. For the purposes of the Income-tax Act, 1961 (43 of 1961), every acquiring company shall be deemed to be an Indian company and a company in which the public are substantially interested.

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