Donor-directed corpus contributions retain capital character despite exemption claims under section 10(23C)(vi), preventing their treatment as taxable...
Enhanced tax-audit threshold applies where banking records establish compliant non-cash receipts and payments, eliminating penalty exposure for audit ...
Transfer pricing consistency protects identical non-interest-bearing debenture terms from a later notional-interest adjustment without valid statutory...
Rectification of debatable deduction claims cannot reverse scrutiny-approved co-operative society interest income deductions as apparent record errors...
Cash-method accounting bars presumptive interest taxation, while unsupported securities and share-trading additions require reliable material and veri...
CBIC revised the tariff values under the customs valuation notification by substituting the tables for edible oils, brass scrap, gold, silver and areca nuts. The amended tariff values now apply to crude palm oil, palmolein, soya bean oil, brass scrap, gold and silver in specified forms, and areca nuts, with separate treatment for certain gold and silver imports where benefits under the linked customs entries are claimed. The notification operates as an update to the notified tariff values used for customs assessment and takes effect from 16 June 2026.
CBIC revised the tariff values under the customs valuation notification by substituting the tables for edible oils, brass scrap, gold, silver and areca nuts. The amended tariff values now apply to crude palm oil, palmolein, soya bean oil, brass scrap, gold and silver in specified forms, and areca nuts, with separate treatment for certain gold and silver imports where benefits under the linked customs entries are claimed. The notification operates as an update to the notified tariff values used for customs assessment and takes effect from 16 June 2026.
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