Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
DGFT advises heightened vigilance when dealing with two identified Bhutanese firms following a complaint and the absence of substantive responses through diplomatic and administrative channels under the Foreign Trade Policy 2023. Export Promotion Councils, Regional Authorities, ECGC, authorised dealer banks and other stakeholders should conduct comprehensive due diligence, alert trade participants to the concerns, assess transaction risk before providing trade, credit, certification or facilitation support, and report adverse experiences, payment issues or contractual disputes. The advisory is precautionary and seeks to protect Indian exporters and trade stakeholders from potential risks.
DGFT advises heightened vigilance when dealing with two identified Bhutanese firms following a complaint and the absence of substantive responses through diplomatic and administrative channels under the Foreign Trade Policy 2023. Export Promotion Councils, Regional Authorities, ECGC, authorised dealer banks and other stakeholders should conduct comprehensive due diligence, alert trade participants to the concerns, assess transaction risk before providing trade, credit, certification or facilitation support, and report adverse experiences, payment issues or contractual disputes. The advisory is precautionary and seeks to protect Indian exporters and trade stakeholders from potential risks.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
