Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
Authorisation Holders and Customs Brokers seeking exemption from bank guarantee or cash security for Advance Authorisation/EPCG registration must file complete and truthful declarations confirming whether any penalty was imposed during the previous three financial years under the Customs Act, Central Excise Act, FEMA, or the Foreign Trade (Development and Regulation) Act. The notice records that incorrect or incomplete declarations, including omission of past Customs penalties, amount to misrepresentation and may attract penal action under the Customs Act, including section 117. The prescribed disclosure format requires details of the penalty order, authority, amount, provision invoked, and appeal status.
Authorisation Holders and Customs Brokers seeking exemption from bank guarantee or cash security for Advance Authorisation/EPCG registration must file complete and truthful declarations confirming whether any penalty was imposed during the previous three financial years under the Customs Act, Central Excise Act, FEMA, or the Foreign Trade (Development and Regulation) Act. The notice records that incorrect or incomplete declarations, including omission of past Customs penalties, amount to misrepresentation and may attract penal action under the Customs Act, including section 117. The prescribed disclosure format requires details of the penalty order, authority, amount, provision invoked, and appeal status.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
