The Companies (Profits) Surtax Act, 1964

Section 26. Saving

In force · As amended up to 2026-08

26. Saving .― Nothing contained in this Act shall apply to any company which has no share capital. _________ ==> picture [472 x 14] intentionally omitted <== [ See Section 2(5)] RULES FOR COMPUTING THE CHARGEABLE PROFITS In computing the chargeable profits of a previous year, the total income computed for that year under the Income-tax Act shall be adjusted as follows:―

Source: India Code