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...
The Road and Infrastructure Cess rate for petrol and diesel cleared for export is amended in the relevant table entry to Rs. 1.5 per litre. The substituted rate applies from publication of the notification in the Official Gazette, making it effective from 3 August 2026. The amendment updates Notification No. 11/2026-Central Excise, which prescribes cess rates for specified petroleum products when cleared for exports.
The Road and Infrastructure Cess rate for petrol and diesel cleared for export is amended in the relevant table entry to Rs. 1.5 per litre. The substituted rate applies from publication of the notification in the Official Gazette, making it effective from 3 August 2026. The amendment updates Notification No. 11/2026-Central Excise, which prescribes cess rates for specified petroleum products when cleared for exports.
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