https://www.taxtmi.com/news?id=3949 The Board granted formal approvals for multiple SEZ proposals where land possession and state recommendations existed, approved numerous co-developer applications subject to co-developer agreements and lease deeds detailing financial arrangements, and emphasized that tax treatment of lease rentals, premiums and down payments remains subject to examination under Income Tax provisions. It granted authorized operations and extensions of in-principle and formal approvals or LoPs in many cases while rejecting or deferring requests lacking implementation, state recommendation, lease documentation, financial details, or environmental clearances. Equity transfers and name changes were approved subject to continuity, compliance and furnishing of full financial details to tax authorities. en-us Thu, 01 Nov 2012 10:33:32 +0530 Thu, 01 Nov 2012 10:33:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3949 The Board granted formal approvals for multiple SEZ proposals where land possession and state recommendations existed, approved numerous co-developer applications subject to co-developer agreements and lease deeds detailing financial arrangements, and emphasized that tax treatment of lease rentals, premiums and down payments remains subject to examination under Income Tax provisions. It granted authorized operations and extensions of in-principle and formal approvals or LoPs in many cases while rejecting or deferring requests lacking implementation, state recommendation, lease documentation, financial details, or environmental clearances. Equity transfers and name changes were approved subject to continuity, compliance and furnishing of full financial details to tax authorities. News - Thu, 01 Nov 2012 10:33:32 +0530 https://www.taxtmi.com/news?id=3949