Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Notifies New Okhla Industrial Development Authority for purposes of section 10(46) of the Income-tax Act, 1961, specifying eligible income as: State Government grants; receipts from disposal of land, buildings, and other movable/immovable property; rental receipts from such property; interest and dividend; and fees, tolls, and charges received under the Uttar Pradesh Industrial Area Development Act, 1976. The exemption is conditional on the authority not engaging in any commercial activity, maintaining unchanged activities and the nature of specified income throughout the relevant financial years, and filing its return of income under section 139(4C)(g). The notification is deemed applicable for assessment years 2012-13 to 2015-16 (financial years 2011-12 to 2014-15).
Notifies New Okhla Industrial Development Authority for purposes of section 10(46) of the Income-tax Act, 1961, specifying eligible income as: State Government grants; receipts from disposal of land, buildings, and other movable/immovable property; rental receipts from such property; interest and dividend; and fees, tolls, and charges received under the Uttar Pradesh Industrial Area Development Act, 1976. The exemption is conditional on the authority not engaging in any commercial activity, maintaining unchanged activities and the nature of specified income throughout the relevant financial years, and filing its return of income under section 139(4C)(g). The notification is deemed applicable for assessment years 2012-13 to 2015-16 (financial years 2011-12 to 2014-15).
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