Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
For charitable trusts, fixed deposits and balances in a scheduled-bank savings account created from capital-asset sale proceeds constitute acquisition of another capital asset for capital-gains exemption under section 11(1A). A bank deposit is a permissible investment mode, and its status as a capital asset does not depend on the deposit duration. Eligibility requires sale proceeds to be invested only in prescribed modes; qualifying fixed deposits and savings balances therefore fall within the exemption.
For charitable trusts, fixed deposits and balances in a scheduled-bank savings account created from capital-asset sale proceeds constitute acquisition of another capital asset for capital-gains exemption under section 11(1A). A bank deposit is a permissible investment mode, and its status as a capital asset does not depend on the deposit duration. Eligibility requires sale proceeds to be invested only in prescribed modes; qualifying fixed deposits and savings balances therefore fall within the exemption.
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