TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 116 of Finance Act 2013: Key Definitions for Commodities Transaction Tax and Roles of Tax Authorities.</h1> Section 116 of the Finance Act, 2013, defines terms related to the commodities transaction tax. It specifies the roles of the Appellate Tribunal and various tax officers, such as the Income-tax Officer and Commissioners, as authorized by the Central Board of Direct Taxes. The commodities transaction tax applies to taxable commodities transactions, excluding agricultural commodities, traded on recognized stock exchanges. The section also clarifies the meaning of commodity derivatives, which include contracts for delivery, differences based on goods prices, related services, or weather events. Terms not defined here but used in other relevant acts retain their meanings from those acts.
TaxTMI 
TaxTMI 
