Central Government specifies that, Air India Limited shall not be considered as ‘seller’ for the purposes of sub-section (1H) of section 206C of the IT Act 1961 - 108/2021 - Income Tax Act, 1961

📋

Contents

Note

Bookmark

For full text, please login

Verification Pending

The Email Id has not been verified. Click on the link we have sent on

Didn't receive the mail? Resend Mail

Don't have an account? Register Here

Seller classification clarified: Air India not treated as seller for transfers to its assets holding unit under the approved plan. Central Government specifies that Air India Limited shall not be regarded as seller for the purposes of the tax collection provision in relation to transfers of goods by it to Air India Assets Holding Limited under a Government approved plan, with the specification effective retrospectively from 1 April 2021.

Page of

Press 'Enter' after typing page number.

to of Results

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.

Seller classification clarified: Air India not treated as seller for transfers to its assets holding unit under the approved plan.

Central Government specifies that Air India Limited shall not be regarded as seller for the purposes of the tax collection provision in relation to transfers of goods by it to Air India Assets Holding Limited under a Government approved plan, with the specification effective retrospectively from 1 April 2021.

Full Summary is available for active users!

Note: It is a system-generated summary and is for quick reference only.

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Notifications

Notifications

Central Government specifies that, Air India Limited shall not be considered as ‘seller’ for the purposes of sub-section (1H) of section 206C of the IT Act 1961 - 108/2021 - Income Tax Act, 1961

Seller classification clarified: Air India not treated as seller for transfers to its assets holding unit under the approved plan.

Topics

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Notifications

Notifications

Central Government specifies that, Air India Limited shall not be considered as ‘seller’ for the purposes of sub-section (1H) of section 206C of the IT Act 1961 - 108/2021 - Income Tax Act, 1961

Print Options

Username/Email Address

Password

The Email Id has not been verified. Click on the link we have sent on

Seller classification clarified: Air India not treated as seller for transfers to its assets holding unit under the approved plan.

Topics