Laws / Income Tax Law / 210
210 - Application of Retained Assets
210. Application of Retained Assets.—
(1) Where the assets retained under sub-section (7) of section 206 consist solely of money, or partly of money and partly of other assets—
(a) the Deputy Commissioner of Taxes shall first apply such money towards payment of the amount in respect of which the person concerned is de...
Premium content
You are viewing a preview. Upgrade your subscription to read the full article.
View plans