India - Income Tax Act 2010 - Saarc

1.1105 SUBJECT INDEXLicences- block of assets Section 2(11)- depreciation on Section 32Life insurance business- tax on profits & gains of Section 115BLife insurance policy- sum received under, exemption of Section 10(10D)Life insurance premia- deductions Section 80CLimited liability partnership- application of MAT provisions Section 115JAA- definition of Section 2(23)- liability of partners of, in liquidation Section 167C- transactions not regarded as transfer Sections 47(xiiib) & 47A(4)Loans- mode of taking/accepting Section 269SS- mode of repayment of Section 269TLocal authority- a person Section 2(31)- definition of Section 10(20), Expln.- income of, exemption to Section 10(20)- see also ‘Deductions’Long-term capital asset/gain- definition of Section 2(29A)/(29B)- tax on Section 112Loom hours- cost of acquisition of Section 55(2)(a)Loss- amalgamation, carry forward and set off of, in cases of Section 72A- business losses, carry forward, set off of Section 72- capital loss Section 74- carry forward and set off of accumulated loss and unabsorbed depreciation allowance in schemeof amalgamation of banking company in certain cases Section 72AA- carry forward and set off of accumulated loss and unabsorbed depreciation allowance in businessreorganisation of co-operative banks Section 72AB- companies, carry forward and set off of, in cases of Section 79- demerger, carry forward and set off of Section 72A- firm, change in constitution/succession of Section 78- firm, in case of Section 75- horse races Section 74A- income from house property, losses of Sections 71A, 71B- intimation of Section 157- intra head set off Section 71- intra source set off Section 70- return for Section 80- specified business u/s 35AD, losses of Section 73A- speculation business, loss of Section 73Lotteries- commission to agent of, deduction of tax at source from Section 194D- deduction of tax at source from Section 194B