https://www.taxtmi.com/acts?id=49928 Three new exemption clauses amend section 10 to exempt (a) specified income from international sporting events held in India to notified persons where events are internationally approved, multi national and government notified; (b) income received by a subsidiary from its Indian holding company in the power sector as settlement for reconstruction or revival when reconstruction is effected by transfer to an Indian company notified under the power-sector notification regime; and (c) income from transfer of a capital asset of a power undertaking to a notified Indian company when transferred on or before the prescribed cut-off. en-us Fri, 28 Feb 2025 16:36:33 +0530 Fri, 28 Feb 2025 16:36:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49928 Three new exemption clauses amend section 10 to exempt (a) specified income from international sporting events held in India to notified persons where events are internationally approved, multi national and government notified; (b) income received by a subsidiary from its Indian holding company in the power sector as settlement for reconstruction or revival when reconstruction is effected by transfer to an Indian company notified under the power-sector notification regime; and (c) income from transfer of a capital asset of a power undertaking to a notified Indian company when transferred on or before the prescribed cut-off. Act-Rules F. Acts / Amendment Acts Fri, 28 Feb 2025 16:36:33 +0530 https://www.taxtmi.com/acts?id=49928