https://www.taxtmi.com/acts?id=38240 Section 10 is amended to make exemption under clause (23C) conditional on prior approval by the Principal Commissioner or Commissioner after prescribed application, with specified filing windows for previously approved, expiring, provisionally approved and new entities; the authority may call for documents, verify genuineness and legal compliance, grant five year approvals or provisional three year approvals, reject and cancel approvals after hearing, and must decide within prescribed timeframes. The audit reporting requirement for entities crossing the non taxable threshold is moved to the specified date under the audit provisions. en-us Sat, 01 Feb 2020 16:00:37 +0530 Sat, 01 Feb 2020 16:00:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38240 Section 10 is amended to make exemption under clause (23C) conditional on prior approval by the Principal Commissioner or Commissioner after prescribed application, with specified filing windows for previously approved, expiring, provisionally approved and new entities; the authority may call for documents, verify genuineness and legal compliance, grant five year approvals or provisional three year approvals, reject and cancel approvals after hearing, and must decide within prescribed timeframes. The audit reporting requirement for entities crossing the non taxable threshold is moved to the specified date under the audit provisions. Act-Rules Bill Sat, 01 Feb 2020 16:00:37 +0530 https://www.taxtmi.com/acts?id=38240