Section 11(3tha) – A 100% tax exemption is granted to information technology industries for the distribution of dividends on share capital issued by the capitalization of profits to increase capacity.
Section 21 – Salary payments exceeding 25,000, if not made through banking channels, will not be allowed as a deduction.
Section 57 – This section is not applicable if there is a change in control due to a change in shareholding, provided the existing shareholders retain their old shareholding and the change is only due to additional capital introduced by new shareholders.
Section 81ka – Money received as a result of business activities should not be deposited into a personal account.
Section 81 – The tax deducted at source (TDS) on interest to be paid by banking and financial institutions (BFIs) to foreign BFIs on loans taken as per NRB regulations is reduced to 5%.
Section 94 – No installment tax is to be paid on the gain from the disposal of non-business chargeable assets (NBCA) as per Section 95 ka.
