U/s 43 (5) of IT Act 1961 Central Government notifies Indian commodity Exchange limited (PAN:AABCI9419D) as a 'recognised association'

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U/s 43 (5) of IT Act 1961 Central Government notifies Indian commodity Exchange limited (PAN:AABCI9419D) as a 'recognised association'

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....onferred by clause (iii) in the Explanation of clause (e) of the proviso to sub-section (5) of Section 43 of the Income tax Act, 1961 (43 of 1961) read with sub-rule (4) of Rule 6DDD of the Income-tax Rules, 1962. The Central Government hereby notifies Indian commodity Exchange limited (PAN:AABCI9419D) as a 'recognised association' for the purpose of said clause with effect from the date o....

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....market) for a period of seven years on its system; or (iv) fails to ensure that transactions (in respect of derivative market) once registered in the system are not erased; or (v) fails to ensure that the transactions (in respect of derivative market) once registered in the system are modified only in cases of genuine error (as mentioned in Circular of SEBI dated 19.08.2016 in SEBI/HO/CDMRD/DMP/....

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U/s 43 (5) of IT Act 1961 Central Government notifies Indian commodity Exchange limited (PAN:AABCI9419D) as a 'recognised association'