Donor-directed corpus contributions retain capital character despite exemption claims under section 10(23C)(vi), preventing their treatment as taxable...
Enhanced tax-audit threshold applies where banking records establish compliant non-cash receipts and payments, eliminating penalty exposure for audit ...
Transfer pricing consistency protects identical non-interest-bearing debenture terms from a later notional-interest adjustment without valid statutory...
Rectification of debatable deduction claims cannot reverse scrutiny-approved co-operative society interest income deductions as apparent record errors...
Cash-method accounting bars presumptive interest taxation, while unsupported securities and share-trading additions require reliable material and veri...
DGFT's Bank Guarantee Repository Module now requires a Purpose field to identify fresh and replacement bank guarantees and sends exporters automated expiry alerts 60 and 45 days before expiry. Regional Authorities can digitally sign and issue portal-based communications for renewal, replacement, encashment and return of bank guarantees. The module provides standardised status tracking, including pending acceptance, acceptance, replacement, return on EODC, and renewal or encashment notices. Bank guarantees declared through the Bills Repository remain pending until Regional Authority acceptance, but automatically become accepted when a linked AA/EPCG invalidation file is approved.
DGFT's Bank Guarantee Repository Module now requires a Purpose field to identify fresh and replacement bank guarantees and sends exporters automated expiry alerts 60 and 45 days before expiry. Regional Authorities can digitally sign and issue portal-based communications for renewal, replacement, encashment and return of bank guarantees. The module provides standardised status tracking, including pending acceptance, acceptance, replacement, return on EODC, and renewal or encashment notices. Bank guarantees declared through the Bills Repository remain pending until Regional Authority acceptance, but automatically become accepted when a linked AA/EPCG invalidation file is approved.
Note: It is a system-generated summary and is for quick reference only.
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