TMI BlogNotification of a recognised association for the purposes of clause (e) of the proviso to clause (5) of section 43.X X X X Extracts X X X X X X X X Extracts X X X X ..... cognised association (as per clause (j) of section 2 of the Forward Contracts (Regulation) Act, 1952) as a recognised association for the purposes of clause (e) of the proviso to clause (5) of section 43 may be made to the 2 [ Member (Income Tax) ], Central Board of Direct Taxes, North Block, New Delhi. (2) The application referred to in sub - rule (1) shall be accompanied with the following ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ses of clause (e) of the proviso to clause (5) of section 43 or issue an o rder rejecting the application before the expiry of four months from the end of the month in which the application is received. (5) The notification referred to in sub - rule (4) shall be effective until the approval granted by the Forward Markets Commission is withdrawn or expired, or the notification is rescinded by ..... X X X X Extracts X X X X X X X X Extracts X X X X
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