Capital character of assignment consideration prevents taxation as residuary income, while unsupported interest-related expenditure remains non-deduct...
Make-available condition shields regional support-service receipts from Indian taxation where no independent capability or permanent establishment exi...
Transfer-pricing treatment of corporate guarantees and convertible loans followed prior-year consistency, with taxable foreign dividends excluded from...
Transfer-pricing benchmarking confines adjustments to associated-enterprise transactions and integrates delayed receivables through TNMM working-capit...
Medical relief status protects government-contracted mobile healthcare from commercial classification, while provisional registration cancellation req...
Charitable registration cancellation requires proof that educational activities abandoned their objects; incidental receipts and retained surplus are ...
Prospective customs notification amendments cannot bar provisional release consideration for earlier imports when bills of lading predate their commen...
Seven obsolete FEMA circulars are withdrawn following a review...
Withdrawal of obsolete FEMA circulars streamlines rules on external commercial borrowings, non-resident bond investments, and money transfer sub-agents.
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Seven obsolete FEMA circulars are withdrawn following a review of circulars issued since June 2000. The withdrawn directions concern external commercial borrowings, including overseas rupee-denominated bonds, infrastructure-sector liberalisation, service imports, technical know-how and licence fees, and ECBs by a development finance institution; rupee borrowing and lending through investments by non-residents in specified bonds; and the Money Transfer Service Scheme sub-agent list. Their withdrawal reflects subsequent regulatory amendments, redundancy, overlap or supersession by later directions. Authorised Persons must notify affected constituents, while any permissions or approvals required under other laws remain unaffected.
Seven obsolete FEMA circulars are withdrawn following a review of circulars issued since June 2000. The withdrawn directions concern external commercial borrowings, including overseas rupee-denominated bonds, infrastructure-sector liberalisation, service imports, technical know-how and licence fees, and ECBs by a development finance institution; rupee borrowing and lending through investments by non-residents in specified bonds; and the Money Transfer Service Scheme sub-agent list. Their withdrawal reflects subsequent regulatory amendments, redundancy, overlap or supersession by later directions. Authorised Persons must notify affected constituents, while any permissions or approvals required under other laws remain unaffected.
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