Central Government specifies the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993, u/s 115ACA - 11293 - Income Tax Act, 1961
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Specification of foreign currency convertible bond scheme under income-tax law designates the 1993 depository receipt scheme for subsequent assessments. Specification of the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993 as a scheme under section 115ACA designates the 1993 depository receipt notification (GSR 700(E)) as applicable for assessment year 2000-2001 and subsequent assessment years, thereby adopting that scheme for tax purposes under the Income-tax Act.
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.
Specification of foreign currency convertible bond scheme under income-tax law designates the 1993 depository receipt scheme for subsequent assessments.
Specification of the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993 as a scheme under section 115ACA designates the 1993 depository receipt notification (GSR 700(E)) as applicable for assessment year 2000-2001 and subsequent assessment years, thereby adopting that scheme for tax purposes under the Income-tax Act.
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