https://www.taxtmi.com/news?id=3943 The Board approved and regulated SEZ proposals, co-developer admissions and authorized operations with conditions: co-developers must maintain separate accounts and no transfers of lease/service charges between co-developer and units; Assessing Officers retain the right to examine taxability under SEZ and Income Tax rules. Authorized operations in non-processing areas were scrutinised and some deferred for justification. Extensions, de-notifications and area adjustments were granted subject to DC certification of refund of tax/duty benefits and maintenance of contiguity. Name and equity changes were approved with conditions safeguarding continuity, eligibility and revenue reporting; appeals were variably allowed, deferred or remanded. en-us Wed, 31 Oct 2012 17:41:00 +0530 Wed, 31 Oct 2012 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3943 The Board approved and regulated SEZ proposals, co-developer admissions and authorized operations with conditions: co-developers must maintain separate accounts and no transfers of lease/service charges between co-developer and units; Assessing Officers retain the right to examine taxability under SEZ and Income Tax rules. Authorized operations in non-processing areas were scrutinised and some deferred for justification. Extensions, de-notifications and area adjustments were granted subject to DC certification of refund of tax/duty benefits and maintenance of contiguity. Name and equity changes were approved with conditions safeguarding continuity, eligibility and revenue reporting; appeals were variably allowed, deferred or remanded. News - Wed, 31 Oct 2012 17:41:00 +0530 https://www.taxtmi.com/news?id=3943