Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Tariff values under the customs valuation notification are restated for edible oils, brass scrap, gold, silver and areca nuts by substituting Tables 1 to 3. The notification preserves the existing tariff values for crude palm oil, RBD palm oil, other palm oil, crude palmolein, RBD palmolein, other palmolein, crude soya bean oil, brass scrap, gold and silver entries, and areca nuts, while also clarifying the covered forms and exclusions for gold and silver, including gold findings and specified silver forms. The amended tables take effect from 30 June 2026.
Tariff values under the customs valuation notification are restated for edible oils, brass scrap, gold, silver and areca nuts by substituting Tables 1 to 3. The notification preserves the existing tariff values for crude palm oil, RBD palm oil, other palm oil, crude palmolein, RBD palmolein, other palmolein, crude soya bean oil, brass scrap, gold and silver entries, and areca nuts, while also clarifying the covered forms and exclusions for gold and silver, including gold findings and specified silver forms. The amended tables take effect from 30 June 2026.
Note: It is a system-generated summary and is for quick reference only.