Co-operative society's mandatory reserve and share capital fixed deposits with banks-interest treated as business income under 80P(2)(a)(iii) deductio...
Income tax reassessment reopening after four years on investigation tip, without s.147 proviso disclosure failure, struck down as borrowed satisfactio...
The Central Government rescinds a prior SEZ notification under the Special Economic Zones Act and SEZ Rules, effecting de-notification of the entire specified SEZ land parcel proposed by a private developer; this rescission is subject to preservation of actions lawfully done or omitted before rescission. The rescission follows the developer's proposal to de-notify, a State Government No Objection Certificate and a recommendation from the Development Commissioner. The de-notified land will thereafter conform to the State Government's land use guidelines/master plan.
The Central Government rescinds a prior SEZ notification under the Special Economic Zones Act and SEZ Rules, effecting de-notification of the entire specified SEZ land parcel proposed by a private developer; this rescission is subject to preservation of actions lawfully done or omitted before rescission. The rescission follows the developer's proposal to de-notify, a State Government No Objection Certificate and a recommendation from the Development Commissioner. The de-notified land will thereafter conform to the State Government's land use guidelines/master plan.
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