Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 119] [Entire Act]

Union of India - Subsection

Section 119(6) in The Income Tax Act, 2025

(6)For the purposes of this section,—
(a)a company shall be a subsidiary of another company, if such other company holds more than half in nominal value of the equity share capital of the company;
(b)the expression "erstwhile public sector company" shall have the meaning assigned to it in section 116(3)(b);
(c)"strategic disinvestment" shall have the meaning assigned to it in section 116(3)(c)(i);
(d)"Tribunal" shall have the same meaning as assigned to it in section 2(90) of the Companies Act, 2013.