Business expenditure and depreciation rules allow operational outgoings while limiting disallowances for personal elements and unsupported third-party...
Compromise-and-arrangement extensions may accommodate debt assignment where creditor commercial judgment supports value maximisation and avoids proced...
Delayed-payment surcharge is not taxable tolerance consideration where it penalises default, while meter testing follows electricity distribution trea...
Sufficient cause for delayed revenue income-tax appeals requires bona fides, due diligence and a credible explanation; otherwise limitation bars appea...
Inverted-duty-structure refunds remain available for unchanged-rate apparel supplies despite trader status and require tax-period-specific computation...
Road and Infrastructure Cess on petrol and diesel cleared for export is amended by substituting the entry against serial number 2 in the relevant rate table with Rs. 1 per litre. The revised cess rate takes effect from 1 September 2026, the date of publication in the Official Gazette.
Road and Infrastructure Cess on petrol and diesel cleared for export is amended by substituting the entry against serial number 2 in the relevant rate table with Rs. 1 per litre. The revised cess rate takes effect from 1 September 2026, the date of publication in the Official Gazette.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
