Trademark depreciation and section 14A adjustments: ITAT applies consistency, independent book-profit computation, and no disallowance without exempt ...
Rebuttable search presumptions and corroboration standards shaped deletion of unsubstantiated additions, while rental income and limited profit estima...
Interest subvention claims under the Export Promotion Mission are clarified for export credit disbursed from 2 January 2026. Banks may file additional eligible claims by 31 July 2026 where the UIN was generated by 31 May 2026. From FY 2026-27, UINs must be generated within 15 days of original disbursal, and claims may be filed up to the end of the following month. Separate UINs are required for pre-shipment and post-shipment facilities. For running credit extending across financial years, subvention claims must be mapped to the UIN for the financial year in which the benefit accrues. Historical additional claims must be filed separately with the required external auditor's certificate.
Interest subvention claims under the Export Promotion Mission are clarified for export credit disbursed from 2 January 2026. Banks may file additional eligible claims by 31 July 2026 where the UIN was generated by 31 May 2026. From FY 2026-27, UINs must be generated within 15 days of original disbursal, and claims may be filed up to the end of the following month. Separate UINs are required for pre-shipment and post-shipment facilities. For running credit extending across financial years, subvention claims must be mapped to the UIN for the financial year in which the benefit accrues. Historical additional claims must be filed separately with the required external auditor's certificate.
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