#withdrawal #exemptions #ammendment #conditions The section states that: (1) Where at any time before the expiry of a period of eight years from the date of the transfer of a capital asset referred to in clause (iv) or, as the case may be, clause (v) of section 47,— (i) such capital asset is converted by the transferee company into, or is treated by it as, stock-in-trade of its business; or (ii) the parent company or its nominees or, as the case may be, the holding company

#Incometaxact1961, #section12A, #conditions, #applicability, #Section11, #Section12, #rules, #acts, #sections ,#law Introduction Once the Trust organization or NGO is established, they have to register as per Section 12A of the Income Tax Act for claim exemption under Section 11 and 12 of the Income Tax Act. Section 12A enables non-profit entities such as Charitable Trusts, Non-Profit organizations, Welfare Societies, Religious Institutions, etc. to claim full tax exemption a

#rules #conditions #approval #college #university #institution The rule states that: (1) The sum paid to a university, college or other institution shall be used for scientific research and research in social science or statistical research. (2) The applicant university, college or other institution shall carry out scientific research, research in social science or statistical research through its faculty members or its enrolled students. (3) A university or college or other

#rules #conditions #approval #research #association The rule states that: (1) The sole object of the applicant research association shall be to undertake scientific research or research in social science or statistical research, as the case may be. (2) The applicant research association shall carry on the research activity by itself. (3) The research association seeking approval under clause (ii) or clause (iii) of sub-section (1) of section 35 shall maintain books of account

#rule3 #rule4 #appointment #terms #conditions #rules #investigation Rule 3 and 4 of Companies (Inspection, Investigation, and Inquiry) Rules, 2014 are applicable to the Establishment of Serious Fraud Investigation Office is addressed under Section 211 of the Companies Act, 2013, which is applicable here. Rule 3:- "Appointment of persons having expertise in various fields." The "Appointment of persons having expertise in various fields" is referred to in Rule 3 of The Companie

#centralgovernment #powers #tribunal #approval #conditions #fees #rules Section 459 of the Companies Act,2013 states that: (1) Where the Central Government or the Tribunal is required or authorized by any provision of this Act— 225 (a) to accord approval, sanction, consent, confirmation or recognition to, or in relation to, any matter; or (b) to give any direction in relation to any matter; or (c) to grant any exemption in relation to any matter, then, the Central Government