Finance (No. 2) Act 2023 · Updated to 29 Dec 2023 · Chapter II · Amendments to the Income Tax Act 1967
21. Amendment of section 103
Feedback & supportSubsection 103(12) of the principal Act is amended—
(a)
in paragraph (a), by inserting after the words “limited liability partnership” the words “referred to in subsection 77a(1),”; and
(b)
by inserting after paragraph (a) the following paragraph:
“(aa) in the case of a company, limited liability partnership, trust body or co-operative society referred to in subsection 77a(1b), sixty days from the date of disposal of a capital asset;”.