Rule 95
Eligible assessee for safe harbour rules for specified domestic transactions
← PreviousRule 94 – Definitions for safe harbour rules for specified domestic transactionNext →Rule 96 – Eligible specified domestic transaction for safe harbour
An “eligible assessee” means a person who has exercised a valid option for application of safe harbour rules in accordance with the provisions of rule 97, and —
(a) is a Government company engaged in the business of generation, supply, transmission or distribution of electricity; or
(b) is a co-operative society engaged in the business of procuring and marketing milk and milk products.