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Rule 10THB of Income Tax Rules 1962: Eligible Specified Domestic Transaction

Rule 10THB - Eligible specified domestic transaction
(Safe Harbour Rules for Specified Domestic Transactions)

The "Eligible specified domestic transaction" means a specified domestic transaction undertaken by an eligible assessee and which comprises of :—

(i) supply of electricity or
(ii) transmission of electricity; or
(iii) wheeling of electricity;  or
(iv) purchase of milk or milk products by a co-operative society from its members.

Extra Notes for Readers

- Rule 10THB was introduced by the Income Tax (2nd Amendment) Rules, 2015, w.e.f. 4th Feb. 2015

Check at Income Tax Dept. official site for latest version of the Rule.

This page was last updated on 17th October 2016.