https://www.taxtmi.com/acts?id=12114 The Bill empowers the Central Government to notify exemptions under section 10 for certain allowances, non commercial specified incomes of statutory bodies and infrastructure debt funds; expands section 35AD to include government notified affordable housing projects as specified business; allows notification of the allowable variation for arm's length pricing; enables designation of notified jurisdictional areas restricting deductions absent prescribed authorisations and documents; requires LLPs to file prescribed accountant certificates on adjusted total income and AMT; and creates reporting, inquiry and customs rule making powers with delegated procedural detail. en-us Mon, 07 Mar 2011 12:09:42 +0530 Fri, 11 Mar 2011 15:14:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12114 The Bill empowers the Central Government to notify exemptions under section 10 for certain allowances, non commercial specified incomes of statutory bodies and infrastructure debt funds; expands section 35AD to include government notified affordable housing projects as specified business; allows notification of the allowable variation for arm's length pricing; enables designation of notified jurisdictional areas restricting deductions absent prescribed authorisations and documents; requires LLPs to file prescribed accountant certificates on adjusted total income and AMT; and creates reporting, inquiry and customs rule making powers with delegated procedural detail. Act-Rules Bills Mon, 07 Mar 2011 12:09:42 +0530 https://www.taxtmi.com/acts?id=12114