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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

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