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)
Approval for eligible business requires audited records, supporting documents, and hearing before refusal or withdrawal. Guidelines prescribe the procedure for approval under clause (23G) of section 10, including application in Form No. 56E, supporting incorporation, project and financial documents, and conditions for approval where the enterprise is wholly engaged in the eligible business. The Central Government may call for further information before granting or refusing approval, and refusal or withdrawal of approval cannot be made without giving the enterprise an opportunity of being heard. An approved enterprise must maintain audited books and furnish the audit report, failing which the Chief Commissioner reports the matter and the approval may be withdrawn.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.
Approval for eligible business requires audited records, supporting documents, and hearing before refusal or withdrawal.
Guidelines prescribe the procedure for approval under clause (23G) of section 10, including application in Form No. 56E, supporting incorporation, project and financial documents, and conditions for approval where the enterprise is wholly engaged in the eligible business. The Central Government may call for further information before granting or refusing approval, and refusal or withdrawal of approval cannot be made without giving the enterprise an opportunity of being heard. An approved enterprise must maintain audited books and furnish the audit report, failing which the Chief Commissioner reports the matter and the approval may be withdrawn.
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