Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
The Central Government exercised powers under sections 4 and 13 of the Special Economic Zones Act, 2005 to formally notify establishment of a 37.64 hectares SEZ at Sanand, Ahmedabad District, Gujarat for semiconductor manufacturing exclusively. The notification follows prior letter of approval granted on 17th June, 2025 under section 3(10) to the developer company. The Government constituted an Approval Committee comprising eight ex-officio members including Development Commissioner as Chairperson, representatives from Commerce Ministry, Foreign Trade, Customs, Income Tax, Banking Division, State Government nominees, and developer representative as special invitee. Additionally, under section 53(2), the SEZ was designated as Inland Container Depot under Customs Act, 1962 effective 23rd June, 2025, completing statutory requirements for operational commencement.
The Central Government exercised powers under sections 4 and 13 of the Special Economic Zones Act, 2005 to formally notify establishment of a 37.64 hectares SEZ at Sanand, Ahmedabad District, Gujarat for semiconductor manufacturing exclusively. The notification follows prior letter of approval granted on 17th June, 2025 under section 3(10) to the developer company. The Government constituted an Approval Committee comprising eight ex-officio members including Development Commissioner as Chairperson, representatives from Commerce Ministry, Foreign Trade, Customs, Income Tax, Banking Division, State Government nominees, and developer representative as special invitee. Additionally, under section 53(2), the SEZ was designated as Inland Container Depot under Customs Act, 1962 effective 23rd June, 2025, completing statutory requirements for operational commencement.
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