Concessional corporate tax option under section 115BAA survives procedural documentary lapses when statutory compliance and earlier exercise are estab...
Penny-stock additions require transaction-specific evidence; general investigation material alone cannot establish undisclosed income or accommodation...
Transfer pricing comparability prioritises reliable external CUPs and foreign-currency LIBOR benchmarks for exports, borrowings and delayed receivable...
Section 153C satisfaction and seized electronic records sustained unexplained-investment addition, subject to proportionate ownership-share verificati...
FSSAI no-objection certification issued after prescribed laboratory analysis is treated as a conclusive determination that imported food goods conform for human consumption. Customs reclassification should not reopen that food-safety determination through separate testing or seizure after FSSAI clearance. Provisional release conditions based on the proposed contrary classification, including a bank guarantee, are inconsistent with the conclusive effect attributed to the FSSAI clearance. Sale in the open market remains subject to obtaining a fresh FSSAI fitness certificate.
FSSAI no-objection certification issued after prescribed laboratory analysis is treated as a conclusive determination that imported food goods conform for human consumption. Customs reclassification should not reopen that food-safety determination through separate testing or seizure after FSSAI clearance. Provisional release conditions based on the proposed contrary classification, including a bank guarantee, are inconsistent with the conclusive effect attributed to the FSSAI clearance. Sale in the open market remains subject to obtaining a fresh FSSAI fitness certificate.
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