The General Insurance Business (Nationalisation) Act, 1972 · Chapter VII – Miscellaneous

Section 26 – Acquiring companies and income-tax

In force Last verified 11 November 2026

26. Acquiring companies and income-tax

For the purposes of the Income-tax Act, 1961 (43 of 1961), every acquiring company shall be deemed to be an Indian company and a company in which the public are substantially interested.

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