Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Exporters may voluntarily obtain test reports from NABL-accredited laboratories, Export Promotion Council-recognised laboratories or other recognised agencies to meet destination-country regulatory requirements. Where such reports are submitted and no risk-based intervention or intelligence exists, the proper officer must consider them without mandatorily referring samples to CRCL, reducing duplicate testing. Where risk-based intervention or intelligence applies, existing procedures for drawing and testing samples, including referral to CRCL or other accredited laboratories, continue. Procedures for testing import consignments remain unchanged.
Exporters may voluntarily obtain test reports from NABL-accredited laboratories, Export Promotion Council-recognised laboratories or other recognised agencies to meet destination-country regulatory requirements. Where such reports are submitted and no risk-based intervention or intelligence exists, the proper officer must consider them without mandatorily referring samples to CRCL, reducing duplicate testing. Where risk-based intervention or intelligence applies, existing procedures for drawing and testing samples, including referral to CRCL or other accredited laboratories, continue. Procedures for testing import consignments remain unchanged.
Note: It is a system-generated summary and is for quick reference only.
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