Section 48 2025

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If an applicant has received a visa refusal or cancellation whilst on a bridging visa they are likely to be subject to a section 48 bar which means they are unable to lodge a state nominated visa (and most other visas) onshore.
26 U.S. Code 48 - Energy credit. For purposes of section 46, except as provided in paragraphs (1)(B), (2)(B), and (3)(B) of subsection (c), the energy credit for any taxable year is the energy percentage of the basis of each energy property placed in service during such taxable year.
First proviso under Section 48 It comes into play when an NRI purchases any financial asset, like stock in an Indian company, using foreign currency. Section 48 of the Income Tax Act mandates that the sale consideration received on transfer of the asset must also be converted into foreign currency.
Section 48 of the Migration Act prevents applications being made for a substantive visa while in Australia if an applicants visa has been refused or cancelled during their stay.
Section 49 conditions are not applied to all resident visas. You must meet a section 49 condition in your visa, and get it removed, if you want to: apply for a Permanent Resident Visa, or. sponsor someone for a visa.
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Under section 48, where conditions A and B are met, the Secretary of State is not required to decide to investigate those proposed marriages or civil partnerships in which condition B is met by the greatest margin (amongst those referred under the scheme on a particular day or within a particular timeframe).
Section 48 of the Income Tax Act (ITA) states that the income chargeable as capital gains must be calculated after deducting specified amounts from the returns one has received after selling off a capital asset.

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