Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Pharmaceutical promotion and transfer-pricing comparability principles limited disallowances, while uncorroborated search allegations and unsupported ...
Business expenditure substantiation supports scrap credits, statutory payments and expense claims, while depreciation requires proof of actual busines...
AD Category-I banks must shift two FEMA reporting requirements to the CIMS portal from June 30, 2026. The consolidated monthly statement of all BOs, LOs and POs opened and closed during the month is to be filed on CIMS under return code R343, and a NIL report must be uploaded if no data is available. The monthly statement on the number of applicants and total amount remitted from NRO accounts is also moved to CIMS under return code R006. The Master Direction on reporting under FEMA, 1999 will be updated to reflect these changes.
AD Category-I banks must shift two FEMA reporting requirements to the CIMS portal from June 30, 2026. The consolidated monthly statement of all BOs, LOs and POs opened and closed during the month is to be filed on CIMS under return code R343, and a NIL report must be uploaded if no data is available. The monthly statement on the number of applicants and total amount remitted from NRO accounts is also moved to CIMS under return code R006. The Master Direction on reporting under FEMA, 1999 will be updated to reflect these changes.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
