{"id":5420,"date":"2018-03-16T15:20:51","date_gmt":"2018-03-16T09:50:51","guid":{"rendered":"https:\/\/www.hostbooks.com\/in\/?p=5420"},"modified":"2018-03-16T15:20:51","modified_gmt":"2018-03-16T09:50:51","slug":"rule-10ub-notice-forms-reference-section-144ba","status":"publish","type":"post","link":"https:\/\/www.hostbooks.com\/in\/hb\/all-rules\/rule-10ub-notice-forms-reference-section-144ba\/","title":{"rendered":"Rule – 10UB, Notice, Forms for reference under section 144BA"},"content":{"rendered":"

10UB<\/strong>. (1) For the purposes of sub-section (1) of section 144BA, the Assessing Officer shall, before making a reference to the Commissioner, issue a notice in writing to the assessee seeking objections, if any, to the applicability of provisions of Chapter X-A in his case.<\/p>\n

(2) The notice referred to in sub-rule (1) shall contain the following:\u2014<\/p>\n

(i) details of the arrangement to which the provisions of Chapter X-A are proposed to be applied;<\/p>\n

(ii) the tax benefit arising under the arrangement;<\/p>\n

(iii) the basis and reason for considering that the main purpose of the identified arrangement is to obtain tax benefit;<\/p>\n

(iv) the basis and the reasons why the arrangement satisfies the condition provided in clause (a), (b), (c) or (d) of sub-section (1) of section 96; and<\/p>\n

(v) the list of documents and evidence relied upon in respect of (iii) and (iv) above.<\/p>\n

(3) The reference by the Assessing Officer to the Commissioner under sub-section (1) of section 144BA shall be in Form No. 3CEG.<\/p>\n

(4) Where the Commissioner is satisfied that the provisions of Chapter X-A are not required to be invoked with reference to an arrangement after considering\u2014<\/p>\n

(i) the reference received from the Assessing Officer under sub-section (1) of section 144BA; or<\/p>\n

(ii) the reply of the assessee in response to the notice issued under sub-section (2) of section 144BA,<\/p>\n

he shall issue directions to the Assessing Officer in Form No. 3CEH.<\/p>\n

(5) Before a reference is made by the Commissioner to the Approving Panel under sub-section (4) of section 144BA, he shall record his satisfaction regarding the applicability of the provisions of Chapter X-A in Form No. 3CEI and enclose the same with the reference.]<\/p>\n

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Reference: www.incometaxindia.gov.in<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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<\/div>\n","protected":false},"excerpt":{"rendered":"

10UB. (1) For the purposes of sub-section (1) of section 144BA, the Assessing Officer shall, [\u2026]<\/span><\/p>\n","protected":false},"author":68,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1439,1440],"tags":[],"yst_prominent_words":[455,7424,7426,3002,814,808,4138,3798,813,484,4135,4133,4207,458,7425,906,459,452,7423,3066],"_links":{"self":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/5420"}],"collection":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/comments?post=5420"}],"version-history":[{"count":0,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/posts\/5420\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/media?parent=5420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/categories?post=5420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/tags?post=5420"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.hostbooks.com\/in\/hb\/wp-json\/wp\/v2\/yst_prominent_words?post=5420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}