Income Tax (Deduction for Investment in a BioNexus Status Company) (Amendment) Rules 2024

The Income Tax (Deduction for Investment in a BioNexus Status Company) (Amendment) Rules 2024 [P.U. (A) 23/2023] are deemed to have come into operation on 1 January 2023.

The changes made to the specific provisions in the amendment rules involve updating the commencement and termination dates for the deduction for investment in a BioNexus status company.

The amendments include:

1. Substituting the previous commencement date of "1 January 2021" with a new commencement date of "1 January 2023".

2. Substituting the previous termination date of "31 December 2022" with a new termination date of "31 December 2024".

References:

Income Tax (Deduction for Investment in a BioNexus Status Company) (Amendment) Rules 2024

303.1 [P.U. (A) 23_2024] Income Tax (Deduction for Investment in a BioNexus Status Company

Download (A) 23_2024] INCOME TAX (DEDUCTION FOR INVESTMENT IN A BIONEXUS STATUS COMPANY • 428KB

Income Tax (Deduction for Investment in a BioNexus Status Company) Rules 2016 [P.U. (A) 306/2016]

303.2 [P.U. (A) 306_2016] Income Tax (Deduction for Investment in a BioNexus Status Compan

Download (A) 306_2016] INCOME TAX (DEDUCTION FOR INVESTMENT IN A BIONEXUS STATUS COMPAN • 424KB