Section 198
Tax deducted is income received. Repealed
About this Act
An Act to consolidate and amend the law relating to income-tax and super-tax
All sums deducted in accordance with 1
the foregoing
provisions of this Chapter shall, for the purpose of computing the income of an assessee, be deemed to
be income received:
2Provided that the sum being the tax paid, under sub-section (1A) of section 192 for the purpose of computing the income of an assessee, shall not be deemed to be income received.
2Provided that the sum being the tax paid, under sub-section (1A) of section 192 for the purpose of computing the income of an assessee, shall not be deemed to be income received.
Notes
1. Subs. by Act 23 of 2004, s. 40, for certain words (w.e.f. 1-10-2004).
2. Ins. by Act 20 of 2002, s. 86 (w.e.f. 1-6-2002)
2. Ins. by Act 20 of 2002, s. 86 (w.e.f. 1-6-2002)