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to be income-tax authorities. (2) Without prejudice to the provisions of sub-section

income-tax on its income, or (iv)   a Mutual Fund specified under clause (23D) of section

—For the purposes of this section, the expression "tax due" includes penalty, interest

firm from the firm shall not be regarded as "salary" for the purposes of this section

Original section was inserted by the Finance Act, 1964, w.e.f. 1-4-1964.]

Original section was inserted by the Finance Act, 1972, w.e.f. 1-4-1972 and amended

Original section was inserted by the Finance Act, 1975, we.f. 1-4-1976.]

nature and in the same proportion in the hands of the person referred to in sub-section...capital undertaking if not paid or credited to the person referred to in...