Business reorganisation requires recognition of successor's modified return; draft orders against dissolved transferor quashed and fresh review direct...
Pre-commencement R&D deduction denied where business had not commenced; deeming benefit requires tangible start of manufacture or commercial exploitat...
Priority of set-off: brought forward business losses must be adjusted before unabsorbed depreciation; procedural safeguards required for invoking rest...
The Central Government rescinds Notification No. S.O. 687(E) for the Special Economic Zone at Nanakramguda Village, Telangana, except as to things done or omitted to be done before the rescission. The rescission follows the developer's proposal to de-notify the entire 2.614 hectares of the SEZ, supported by the State Government's no-objection and the Development Commissioner's recommendation. The notification therefore removes the SEZ status of the remaining area while preserving prior acts and omissions.
The Central Government rescinds Notification No. S.O. 687(E) for the Special Economic Zone at Nanakramguda Village, Telangana, except as to things done or omitted to be done before the rescission. The rescission follows the developer's proposal to de-notify the entire 2.614 hectares of the SEZ, supported by the State Government's no-objection and the Development Commissioner's recommendation. The notification therefore removes the SEZ status of the remaining area while preserving prior acts and omissions.
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