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Web2 days ago · That the amendment made by Finance (No. 2) Act in Sec 40 (a) (ia) in nature to reduce the hardship and should retrospective in effect. 7. That the amendment made in Finance Act No. 2 Bill 2014 was made after posing of the original order of CIT (Appeal) 8. That Agra Bench of Income Tax Tribunal held that amendment to section 40 (a) (ia) by the … http://corporatelawreporter.com/companies_act/section-47-of-companies-act-2013-voting-rights/ fall guys key code
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WebSection 47 of RBI Act 1934: "Allocation of surplus profits" After making provision for bad and doubtful debts, depreciation in assets, contributions to staff and superannuation funds … Web31 Oct 2024 · In Short. Section 7 of RBI Act empowers government to issue directions to the central bank. Directions will be issued after consultation with the RBI governor. P Chidambaram asked what was the need to invoke the provision now. By India Today Web Desk: In an unprecedented move, the government has reportedly invoked Section 7 of the … Web10 Apr 2024 · JCIT Vs Runwal Realtors Pvt. Ltd. (ITAT Pune) ITAT Pune held that waiver of loan is not taxable under section 28 (i) of the Income Tax Act as the same is not a business income. Facts- The Assessing Officer (AO) in the assessment order held that the amount of waiver of loan of Rs.143,71,02,0038/- was taxable under section 28 (i) and 28 (iv) and ... control c hit