Allocation of registration charges: contractual clause overriding statutory presumption allowed as deduction against capital gain after unrebutted doc...
Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
The Foreign Trade Policy 2023 now prohibits imports of goods produced or manufactured wholly or partly using forced labour. The Central Government may identify prohibited goods by notification based on an enquiry's findings or other material considered appropriate, while the DGFT enquiry procedure will be prescribed in the Handbook of Procedures 2023. "Forced labour" is defined as work or service exacted under menace of penalty without voluntary consent, in line with the ILO Forced Labour Convention, 1930. These provisions take effect after 30 days from publication in the Official Gazette.
The Foreign Trade Policy 2023 now prohibits imports of goods produced or manufactured wholly or partly using forced labour. The Central Government may identify prohibited goods by notification based on an enquiry's findings or other material considered appropriate, while the DGFT enquiry procedure will be prescribed in the Handbook of Procedures 2023. "Forced labour" is defined as work or service exacted under menace of penalty without voluntary consent, in line with the ILO Forced Labour Convention, 1930. These provisions take effect after 30 days from publication in the Official Gazette.
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