https://www.taxtmi.com/circulars?id=55881 The Board extended validity of multiple formal approvals and LoPs for SEZ developers and units, emphasising extensions only after demonstrable progress and permitting one-year extensions as a norm. It approved co-developer roles and numerous sector-specific IT/ITES SEZs subject to SEZ Act and Rules, and allowed changes in shareholding/ownership on conditions of seamless continuity, fulfillment of eligibility (including security clearances), immediate disclosure of financial details to Member (IT), CBDT and jurisdictional authorities, and the Assessing Officer's right to assess taxability of resulting gains or losses. en-us Wed, 08 Mar 2017 00:00:00 +0530 Mon, 12 Jun 2017 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55881 The Board extended validity of multiple formal approvals and LoPs for SEZ developers and units, emphasising extensions only after demonstrable progress and permitting one-year extensions as a norm. It approved co-developer roles and numerous sector-specific IT/ITES SEZs subject to SEZ Act and Rules, and allowed changes in shareholding/ownership on conditions of seamless continuity, fulfillment of eligibility (including security clearances), immediate disclosure of financial details to Member (IT), CBDT and jurisdictional authorities, and the Assessing Officer's right to assess taxability of resulting gains or losses. Circulars SEZ Wed, 08 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55881