International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
The Core Settlement Guarantee Fund set up by AMC Repo Clearing Limited is notified for the purposes of section 10(23EE) of the Income-tax Act, 1961 in relation to the specified income described in Explanation (iii) to that clause for assessment year 2024-25 and subsequent assessment years, thereby enabling such specified income to be excluded from total income to the extent permitted by section 10(23EE). The notification is operative only if the fund continues to comply with section 10(23EE) conditions, including filing its return of income under section 139(4C) and AMC Repo Clearing Limited remaining recognised as a clearing corporation by SEBI.
The Core Settlement Guarantee Fund set up by AMC Repo Clearing Limited is notified for the purposes of section 10(23EE) of the Income-tax Act, 1961 in relation to the specified income described in Explanation (iii) to that clause for assessment year 2024-25 and subsequent assessment years, thereby enabling such specified income to be excluded from total income to the extent permitted by section 10(23EE). The notification is operative only if the fund continues to comply with section 10(23EE) conditions, including filing its return of income under section 139(4C) and AMC Repo Clearing Limited remaining recognised as a clearing corporation by SEBI.
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