TaxTMI 
TaxTMI 
Definitions
X X X X Extracts X X X X
X X X X Extracts X X X X
...., 2019 (50 of 2019); (b) 'Authority' or 'IFSCA' means the International Financial Services Centres Authority established under sub-section (1) of Section 4 of the Act; (c) 'benefits' refers to any promise or payment of incentive, direct or indirect, or both, in the nature of commissions, compensations, coupons, incentives, performance-based bonuses, rewards, remunerations, stock ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....he management or policy decisions exercisable by a person or persons acting individually or in concert, directly or indirectly, including by virtue of their shareholding or management rights or shareholders agreements or voting agreements or in any other manner; (h) 'confidential information'- (i) in relation to a foreign entity, means the information obtained from a foreign enti....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... (k) 'expenses of management' or 'EoM' includes all operating expenses such as commission, remuneration payable to the insurance agents, intermediaries or insurance intermediaries; Explanation: charges against profit such as income tax, wealth tax, service tax and other taxes borne by the IIO shall not form part of EoM; (l) 'Foreign entity' means an entity incorporated and regis....
X X X X Extracts X X X X
X X X X Extracts X X X X
....hority' means the authority making request to other authority for information under these regulations; (p) 'requested authority' means the authority to whom request for information is made under these regulations; (q) 'subordinated debt' for the purposes of these regulations means "Debenture" as defined in Section 2(30) of the Companies Act, 2013 and includes any other debt instr....