India - Income Tax Act 2010 - Saarc

1.1117 SUBJECT INDEXShort-term capital assets/gains- definition of Section 2(42A)/(42B)Sick Industrial company- land of, transactions not regarded as ‘transfer’ Section 47(xii)Sikkim- exemption to Sikkimese Section 10(26AAA)- see Schedules XIII & XIVSite restoration fund Section 33ABASlump sale- cost of acquisition in case of Section 50B- definition of Section 2(42C)Small Scale Industrial Undertakings- deduction for Sections 80-IA, 80-IBSoftware Technology Park- definition of Section 10A, Expln. 2(vii)Sole proprietorship- assets and liabilities, where sole proprietary concern is succeeded by a company, transactions notregarded as ‘transfer’ Section 47(xiv)Special allowances- exemption of Section 10(14)Special Bearer Bonds- mode of repayment of Section 269TT- not a capital asset Section 2(14)(v)Speculation business- business income Section 28, Expln. 2- loss of Section 73Special Economic Zones- special provisions in respect of newly established Units in Section 10AA- exemption of capital gains on transfer of assets in cases of shifting of industrial undertaking fromurban area to any SEZ Section 54GA- deductions in respect of profits & gains by an undertaking engaged in development of Section80-IABSpecified business, deduction in respect of Sections 35AD, 73ASpeculative transaction- definition of Section 43(5)Spices Board- income of, exemption to Section 10(29A)(g)Sporting event, international- exemption to specified income arising from Section 10(39)Sports association- deduction of tax at source in case of ‘non-residents’ Section 194E- deductions to donations to Section 80G- see ‘ Non-resident’Sportsmen- deduction in respect of Section 80RR- deduction of tax at source in case of ‘non-residents’ Section 194E- see ‘ Non-resident’Standard deduction Section 16(i)State Legislature, members of- allowances to, exemption of Section 10(17)