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Automated export obligation extensions remove separate regional applications after committee approval for Advance Authorisation and EPCG authorisation...
International cargo transhipment through Indian ports continues with Customs-controlled storage, re-export safeguards, and coordinated multi-station m...
Companies struck off under the Companies Act continue to exist for purposes of realising dues and discharging outstanding liabilities. Statutory saving provisions preserve the enforceability of liabilities against persons managing the company; therefore, assessment or reassessment is not invalid merely because the company has been struck off. Where the first appellate authority has not examined an unexplained-credit addition on merits because of non-appearance, fresh appellate consideration is required after providing an opportunity of hearing and allowing supporting material to be produced.
Companies struck off under the Companies Act continue to exist for purposes of realising dues and discharging outstanding liabilities. Statutory saving provisions preserve the enforceability of liabilities against persons managing the company; therefore, assessment or reassessment is not invalid merely because the company has been struck off. Where the first appellate authority has not examined an unexplained-credit addition on merits because of non-appearance, fresh appellate consideration is required after providing an opportunity of hearing and allowing supporting material to be produced.
Note: It is a system-generated summary and is for quick reference only.