Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
RBI has reviewed FEMA circulars issued since 1 June 2000 and is withdrawing those listed in the annex because they have ceased to be operative due to later amendments, redundancy, overlap, or supersession by newer directions. Authorised Persons are asked to inform their constituents of the withdrawal. The circular is issued under FEMA and states that it is without prejudice to any permissions or approvals required under other laws.
RBI has reviewed FEMA circulars issued since 1 June 2000 and is withdrawing those listed in the annex because they have ceased to be operative due to later amendments, redundancy, overlap, or supersession by newer directions. Authorised Persons are asked to inform their constituents of the withdrawal. The circular is issued under FEMA and states that it is without prejudice to any permissions or approvals required under other laws.
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