Tag Archives: rule 118 of income tax rules 2026 pdf

RULE 118 INCOME-TAX RULES 2026 Relief in tax payable under section 206(1) due to operation of section 206(1)(i).

By | April 3, 2026

RULE 118 INCOME-TAX RULES 2026 RULE 118 INCOME-TAX RULES 2026 Relief in tax payable under section 206(1) due to operation of section 206(1)(i). 118. (1) For the purposes of section 206(1)(i), the tax payable by the assessee company under section 206(1), for the tax year referred to in that section, shall be reduced by the following… Read More »