Prior Sanction Requirement: absence of prescribed approval invalidates reassessment notice; limitation also bars notice if escaped income below thresh...
Eligibility for exemption depends on strict construction of the product description; reapers without binder are ineligible, but confiscation and penal...
Customs jurisdiction defined for Principal Commissioner, Vishakhapatnam, covering specified ports, districts and India's adjacent EEZ; effective on pu...
The Information Utilities Regulations are amended to replace multiple prescribed schedule forms with formats notified by circular, including for default information, dispute information, authentication records, and related submissions. A new definition of "information of dispute" is introduced as the status of authentication of default issued in a Board-notified format, the term "debtor" is clarified to include "corporate debtor", and an obsolete definition is omitted. The default-authentication process is revised to recognise both "Record of Default" and "Information of Dispute", with a specific rule that, for financial institutions, partial disputes or disputes limited to non-financial information still allow authentication of the undisputed amount.
The Information Utilities Regulations are amended to replace multiple prescribed schedule forms with formats notified by circular, including for default information, dispute information, authentication records, and related submissions. A new definition of "information of dispute" is introduced as the status of authentication of default issued in a Board-notified format, the term "debtor" is clarified to include "corporate debtor", and an obsolete definition is omitted. The default-authentication process is revised to recognise both "Record of Default" and "Information of Dispute", with a specific rule that, for financial institutions, partial disputes or disputes limited to non-financial information still allow authentication of the undisputed amount.
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