NEW RECOGNIZED ASSOCITION FOR THE PURPOSE OF SECTION 43(5), CLAUSE (iii) OF EXPLANATION 2 TO CLAUSE (e) OF PROVISO, OF THE INCOME-TAX ACT, 1961. - 92/2013 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Recognised association status granted to a commodities exchange, effective on notification and subject to withdrawal for rule violations. Notification designates the Multi Commodity Exchange of India Limited, Mumbai, as a recognised association for purposes of the proviso to clause (5) of Section 43 of the Income-tax Act, effective from publication; recognition may be withdrawn if conditions in the Income-tax Rules are violated and remains effective until Forward Markets Commission approval is withdrawn or the notification is rescinded.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recognised association status granted to a commodities exchange, effective on notification and subject to withdrawal for rule violations.
Notification designates the Multi Commodity Exchange of India Limited, Mumbai, as a recognised association for purposes of the proviso to clause (5) of Section 43 of the Income-tax Act, effective from publication; recognition may be withdrawn if conditions in the Income-tax Rules are violated and remains effective until Forward Markets Commission approval is withdrawn or the notification is rescinded.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.