Extension by competent authority for export income relief claims, defining authority and excluding non taxed income from computation. The amendment authorises extensions of time for claims by permitting further periods 'as the competent authority may allow,' defines the competent authority as the Reserve Bank of India or other legally authorised foreign exchange regulator, and inserts sub section (4B) (deemed effective from 1 April 1992) excluding any income not charged to tax from the computation of total income under sub section (1) or (1A).
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.
Extension by competent authority for export income relief claims, defining authority and excluding non taxed income from computation.
The amendment authorises extensions of time for claims by permitting further periods "as the competent authority may allow," defines the competent authority as the Reserve Bank of India or other legally authorised foreign exchange regulator, and inserts sub section (4B) (deemed effective from 1 April 1992) excluding any income not charged to tax from the computation of total income under sub section (1) or (1A).
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