Rule 95 — Eligible assessee for safe harbour rules for specified domestic transactions

Parent Act Section(s): See cross-references below

Full Text

Eligible assessee for safe harbour rules for specified domestic transactions.— An ―eligible assessee‖ means a person who has exercised a valid option for application of safe harbour rules in accordance with the provisions of rule 97, and — (a) is a Government company engaged in the business of generation, supply, transmission or distribution of electricity; or (b) is a co-operative society engaged in the business of procuring and marketing milk and milk products.

[To be populated — interpretive notes, circular references, case law pointers]