Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
The Central Government specifies the New Development Bank as a public financial institution for the purposes of section 2(11)(ii) of the Companies Act, 2013. The notification covers the bank established under the 15 July 2014 Fortaleza agreement among Brazil, Russia, India, China and South Africa, including its Annexe, and extends to any amendment to that agreement. The operative effect is that the New Development Bank is brought within the statutory category of public financial institution for the purposes of the said provision.
The Central Government specifies the New Development Bank as a public financial institution for the purposes of section 2(11)(ii) of the Companies Act, 2013. The notification covers the bank established under the 15 July 2014 Fortaleza agreement among Brazil, Russia, India, China and South Africa, including its Annexe, and extends to any amendment to that agreement. The operative effect is that the New Development Bank is brought within the statutory category of public financial institution for the purposes of the said provision.
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