Section 61-63 of Income Tax Actby V Gupta (no login)
Dear Mr. Vinod Kothari,
I would like to know in case the Originator subscribes to subordinate PTCs issued by a SPV (a Trust), will this attract the provisions of Section 61-63 of the Income Tax Act?
I would appreciate if you could give reasons for your anwser.
Posted on Jul 26, 2002, 7:42 AM
from IP address 220.127.116.11
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- pass-through. Vinod Kothari, Aug 5, 2002
- Question rephrased. V Gupta, Aug 5, 2002