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)
National Committee procedure governs application circulation, quorum, approvals, and staged recommendations for eligible projects and schemes. Procedure before the National Committee requires circulation of applications to all members, ordinary consideration after at least seven days, and exceptional curtailment of notice by the Chairman. The Committee may seek further information and direct enquiries, while decisions need a quorum of five members including the Chairman. Approvals are generally limited to three years at a time, and further approvals depend on satisfaction regarding prior activities. Projects or schemes may be recommended for notification for up to three financial years, with further three-year recommendations based on proper execution.
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Provisions expressly mentioned in the judgment/order text.
National Committee procedure governs application circulation, quorum, approvals, and staged recommendations for eligible projects and schemes.
Procedure before the National Committee requires circulation of applications to all members, ordinary consideration after at least seven days, and exceptional curtailment of notice by the Chairman. The Committee may seek further information and direct enquiries, while decisions need a quorum of five members including the Chairman. Approvals are generally limited to three years at a time, and further approvals depend on satisfaction regarding prior activities. Projects or schemes may be recommended for notification for up to three financial years, with further three-year recommendations based on proper execution.
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