Safe harbour income attribution definitions set the covered assessees, businesses, gross receipts, and specified electronic goods for business taxation. Safe harbour rules for income attribution in business and profession define the contract manufacturer, custom bonded area, eligible assessee, eligible business, gross receipts, raw diamonds, relevant tax year, and specified electronic goods for the purposes of rules 100 to 102. The definitions cover foreign companies engaged in diamond mining or storing components for supply to a contract manufacturer, and prescribe how gross receipts are aggregated for the relevant sales. Raw diamonds are limited to uncut, unpolished, unassorted, unworked or simply sawn, cleaved or bruted diamonds with Kimberley Process certification and the specified tariff classification.
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.
Safe harbour income attribution definitions set the covered assessees, businesses, gross receipts, and specified electronic goods for business taxation.
Safe harbour rules for income attribution in business and profession define the contract manufacturer, custom bonded area, eligible assessee, eligible business, gross receipts, raw diamonds, relevant tax year, and specified electronic goods for the purposes of rules 100 to 102. The definitions cover foreign companies engaged in diamond mining or storing components for supply to a contract manufacturer, and prescribe how gross receipts are aggregated for the relevant sales. Raw diamonds are limited to uncut, unpolished, unassorted, unworked or simply sawn, cleaved or bruted diamonds with Kimberley Process certification and the specified tariff classification.
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