Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Minutes of the 81th meeting of the. Board of Approval for SEZ held on 05 February 2018 to consider setting up of Special Economic Zones and other miscellaneous proposals
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
SEZ approvals: Board extended formal approvals, granted co developer status and conditioned shareholding changes on compliance. Board extended formal approvals and Letters of Permission for specified SEZ projects and units-typically by up to one year or shorter interim periods where projects were being consolidated-approved co developer statuses subject to SEZ Act and Rules and a 30 year lease cap, rejected a power SEZ proposal inconsistent with sector guidelines and lacking State recommendation, and granted conditional approvals for multiple shareholding or constitutional changes. All approvals required continuity of SEZ obligations, fulfilment of eligibility and security criteria, compliance with Revenue/Company/SEBI rules, furnishing financial and PAN details to CBDT, and recognition of Assessing Officer tax assessment rights.
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.
SEZ approvals: Board extended formal approvals, granted co developer status and conditioned shareholding changes on compliance.
Board extended formal approvals and Letters of Permission for specified SEZ projects and units-typically by up to one year or shorter interim periods where projects were being consolidated-approved co developer statuses subject to SEZ Act and Rules and a 30 year lease cap, rejected a power SEZ proposal inconsistent with sector guidelines and lacking State recommendation, and granted conditional approvals for multiple shareholding or constitutional changes. All approvals required continuity of SEZ obligations, fulfilment of eligibility and security criteria, compliance with Revenue/Company/SEBI rules, furnishing financial and PAN details to CBDT, and recognition of Assessing Officer tax assessment rights.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.