Faceless assessment safeguards require requested personal hearings and adequate final show-cause response time, failing which reassessment is required...
Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
NRD-CSR (R012) reporting for banks maintaining non-resident deposit accounts is conducted through the CIMS Sankalan portal, replacing the earlier XBRL-based submission framework. Banks must report bank-wise consolidated data using the revised NRD-CSR format, maturity codes, record types and validation checks. Returns may be submitted through system-to-system integration, XML file upload, or a screen-based web form; access and reporting channels are managed through CIMS. Monthly returns must be submitted by the 10th day of the following month. The directions are issued under the Foreign Exchange Management Act, 1999, without affecting approvals required under other laws.
NRD-CSR (R012) reporting for banks maintaining non-resident deposit accounts is conducted through the CIMS Sankalan portal, replacing the earlier XBRL-based submission framework. Banks must report bank-wise consolidated data using the revised NRD-CSR format, maturity codes, record types and validation checks. Returns may be submitted through system-to-system integration, XML file upload, or a screen-based web form; access and reporting channels are managed through CIMS. Monthly returns must be submitted by the 10th day of the following month. The directions are issued under the Foreign Exchange Management Act, 1999, without affecting approvals required under other laws.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4884 
