posted: "The Central Board of Direct Taxes (CBDT) has notified the MIC Redwood 1 RSC Limited, Abu Dhabi, United Arab Emirates, as sovereign wealth fund for the purpose of section 10(23FE) exemption. Any income in the nature of dividend, interest or LTCG arising fr"
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posted: "INCOME TAX: Second proviso to section 40(a)(ia) inserted by Finance Act, 2012, is clarificatory and it has retrospective effect from 1-4-2013INCOME TAX: Second proviso to section 40(a)(ia) inserted by Finance Act, 2012, is clarificatory and it has retrosp"
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