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)
Recognised stock exchange notification requires SEBI approval, compliance documents, and timely central government decision. A stock exchange may apply for notification as a recognised stock exchange for the purposes of section 43(5), supported by Securities and Exchange Board of India approval for derivatives trading, current rules, bye-laws and trading regulations, confirmation of compliance with rule 6DDA, and any other information it wishes to furnish. The Central Government may seek further particulars and must either notify the exchange or reject the application within four months from the end of the month of receipt. The notification remains effective until the approval is withdrawn or expires, or the notification is rescinded.
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.
Recognised stock exchange notification requires SEBI approval, compliance documents, and timely central government decision.
A stock exchange may apply for notification as a recognised stock exchange for the purposes of section 43(5), supported by Securities and Exchange Board of India approval for derivatives trading, current rules, bye-laws and trading regulations, confirmation of compliance with rule 6DDA, and any other information it wishes to furnish. The Central Government may seek further particulars and must either notify the exchange or reject the application within four months from the end of the month of receipt. The notification remains effective until the approval is withdrawn or expires, or the notification is rescinded.
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