Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
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...
Relief to start-ups in carrying forward and setting off of losses - Relaxation in 51% holding of shares for the purpose of carry forward of losses of eligible star-up u/s 80IAC, provided carried forward of such losses has been allowed for 7 years from the year of incorporation upto 10years from date of incorporation. - Eligible start-up u/s 80IAC allowed to carried forward of losses for period of 10 years from date of incorporation as amended by proviso to sec 79(1).
Relief to start-ups in carrying forward and setting off of losses - Relaxation in 51% holding of shares for the purpose of carry forward of losses of eligible star-up u/s 80IAC, provided carried forward of such losses has been allowed for 7 years from the year of incorporation upto 10years from date of incorporation. - Eligible start-up u/s 80IAC allowed to carried forward of losses for period of 10 years from date of incorporation as amended by proviso to sec 79(1).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
