Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
Page of 4784
Press 'Enter' after typing page number.
841 to 860 of 95670 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Specified grants from the Central or Himachal Pradesh...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-filing compliance.
Contents
Summary
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
Specified grants from the Central or Himachal Pradesh Government, revenue receipts under the Himachal Pradesh Town and Country Planning Act, 1977, and interest on bank deposits of the Baddi Barotiwala Nalagarh Development Authority are exempt under section 10(46) of the repealed Income-tax Act, 1961. The exemption operates retrospectively for assessment years 2019-20 to 2023-24 under the savings provisions of the Income-tax Act, 2025. It is conditional on the Authority not undertaking commercial activity, maintaining unchanged activities and specified income, and filing returns as required. Non-compliance may trigger penal action and withdrawal of the exemption.
Specified grants from the Central or Himachal Pradesh Government, revenue receipts under the Himachal Pradesh Town and Country Planning Act, 1977, and interest on bank deposits of the Baddi Barotiwala Nalagarh Development Authority are exempt under section 10(46) of the repealed Income-tax Act, 1961. The exemption operates retrospectively for assessment years 2019-20 to 2023-24 under the savings provisions of the Income-tax Act, 2025. It is conditional on the Authority not undertaking commercial activity, maintaining unchanged activities and specified income, and filing returns as required. Non-compliance may trigger penal action and withdrawal of the exemption.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4784
Join Channel
TaxTMI 
