Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Investment fund approval under section 9A requires timely application, committee review, and written grant or rejection by the Board. An investment fund may seek approval of the Board for eligibility under section 9A by written application with supporting documents, filed three months before the relevant previous year. A notified committee examines the application, may seek further material, and recommends grant or refusal. The Board then grants approval with conditions or rejects the application for recorded reasons, and the approval continues for the relevant and subsequent previous years unless withdrawn.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investment fund approval under section 9A requires timely application, committee review, and written grant or rejection by the Board.
An investment fund may seek approval of the Board for eligibility under section 9A by written application with supporting documents, filed three months before the relevant previous year. A notified committee examines the application, may seek further material, and recommends grant or refusal. The Board then grants approval with conditions or rejects the application for recorded reasons, and the approval continues for the relevant and subsequent previous years unless withdrawn.
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