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🔎 Highlights - Adv. Search
    Income-tax Rules 21AK amended to include OTC derivatives and clarify Foreign Portfolio Investor definitions
    New SIONs Set Input Quantities for Betamethasone, Fumaric Acid, and Maleic Anhydride Exports
    Asset Managers Must Monitor INR 10 Lakh Minimum Investment Daily Under New Compliance Rules
    Tax Authority Extends Deadline to Process Erroneously Invalidated E-Filed Income Tax Returns Under Income-tax Act
    Assessee's Cash Payment of Rs. 30 Lakhs for Property Allowed Under Section 40A(3) Considering Business Expediency
    ITAT Remands Royalty Disallowance to TPO Pending APA, Upholds ALP on ECB Interest, Allows Leasehold Amortization Expense
    Approval under Section 153D invalid without independent review of assessment records or seized materials, set aside as void ab initio
    Assessment under Section 144 upheld despite discrepancies; partial relief under Sections 69A, 69C; case remitted for fresh capital gains review
    Section 11 exemption allowed for accumulated income before AY 2023-24; amendment not applied retrospectively
    Acquittal Set Aside for Cheque Dishonour; Limitation Period Calculated from Dishonour Date Under Section 138 NI Act
    Oil in bunker tanks on ships sent for scrapping must be valued as part of the ship under customs law
    Withdrawal of CIRP under Section 12A IBC depends on application date and CoC constitution timing
    ITAT Reduces Commission Rate on Bogus Accommodation Entries to 5% Under Relevant Precedent
    NCLAT Upholds Supreme Court, Sets Aside Resolution Plan Without CCI Approval, Restores Stakeholders' Rights
    Transportation of goods by road not taxable under Section 66D(p)(i); penalty and interest quashed under Sections 73(1) and 78
    Petitioner entitled to opportunity to submit evidence for ITC claim under Sections 16(2)(c) and 16(4) CGST/SGST
    Section 194IA TDS Not Applicable for Individual Payments Below Rs. 50 Lakhs Before 01.10.2024 Amendment
    Assessee Allowed Deduction Under Section 10(10AA)(ii) for Leave Encashment Salary Up to Rs.25 Lakh Limit
    SC upholds classification of roasted areca nuts with under 10% moisture as non-prohibited imports under Chapter 20
    Revenue appeal dismissed: No service tax on commodity income under business auxiliary services

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    Permission to resident and non-resident entities to undertake...

    FEMA Update: Simplified Procedures for Hedge Transactions Boost Access for Domestic and International Entities.

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    FEMANovember 13, 2017Act-Rules

    Permission to resident and non-resident entities to undertake hedge transactions with simplified Procedures - FEMA

    Topics

    ActsIncome Tax