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    Net winnings and updated return verification determine tax treatment of online gaming gains and duplicate disallowances.
    Recorded satisfaction and independent proof are required before cash-receipt penalties can be imposed for alleged cash receipts
    Franchise right depreciation on full actual cost, while cash-payment disallowance and service-expense claims were tested under tax rules
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    Joint development agreement and capital gains: no immediate transfer where consideration was only a future share in constructed property.
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    Provident fund and gratuity dues remain outside liquidation estate despite no segregated fund at commencement
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      Tariff Rate Quota procedures are incorporated into paragraph...

      Tariff Rate Quota allocation under India-Oman CEPA now requires online authorisation, origin certification and electronic customs debit.

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      DGFTJuly 15, 2026Circulars
      Tariff Rate Quota procedures are incorporated into paragraph 2.92 and Appendix 2A of the Handbook of Procedure 2023 for specified imports under the India-Oman CEPA. The amendments prescribe tariff elimination or reduction modalities and quota conditions for listed goods, including dates, marble, petrochemicals, plastics, metals and wires. Importers must claim the applicable quota benefit under the relevant customs notification and produce an Oman-issued Certificate of Origin at clearance. TRQ applications must be filed online with the prescribed fee; annual applications from FY 2027-28 onward are due by 28 February of the preceding financial year. Authorisations are issued electronically, debited through ICES, and remain valid for up to 12 months or the financial-year end, whichever is earlier.

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      ActsIncome Tax