Examples of Income Tax Act in a sentence
The CLIENT shall not claim any relief by way of deduction, allowance or grant allowable to ANERT or EESL, as the owner of the Asset under the Income Tax Act or any other law, from the Government or any other statutory authority and shall jot do or omit to do or be done any act, deed or thing whereby ANERT or EESL is deprived, whether wholly or in part, any relief by way of deduction, allowance or grant.
The Vendor represents and warrants that it is not a non-resident within the meaning of the Income Tax Act (Canada), as amended, nor it is an agent or a trustee for any person with an interest in the Land who is a non-resident.
Notwithstanding anything to the contrary contained in this Agreement or in any other Credit Document, the Borrower shall not be liable or obliged to increase or gross up any payments to the Agent or Lenders as a result of withholding Taxes being levied or being exigible on payments by the Borrower to any Lender that is a non-resident of Canada within the meaning of Part XIII of the Income Tax Act (Canada).
The Company shall provide tax deducted at source (“TDS”) certificate in respect of the withholding tax in original within 30 days after filing the return, as stipulated in the Income Tax Act.
I acknowledge that according to the Income Tax Act I am required to pay income tax on the interest generated in the fund.