Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Addition u/s 56(2)(vii)(b) - issues of shares at a price more than the FMV - from the year of application or allotment - Section was inserted vide Finance Act, 2013 w.e.f 01.04.2013 - since shares were applied in FY 2012-13 as per the terms and conditions settled, the provision u/s 56(2)(viib) cannot be applied merely on the basis that shares were allotted in FY 2013-14
Addition u/s 56(2)(vii)(b) - issues of shares at a price more than the FMV - from the year of application or allotment - Section was inserted vide Finance Act, 2013 w.e.f 01.04.2013 - since shares were applied in FY 2012-13 as per the terms and conditions settled, the provision u/s 56(2)(viib) cannot be applied merely on the basis that shares were allotted in FY 2013-14
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