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...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
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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