Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
DGFT issues a notification which amends the Import Policy for Raw Petroleum Coke (RPC) and Calcined Petroleum Coke (CPC) under Chapter 27 of the ITC (HS), 2022, Schedule-I (Import Policy). The revised policy allows for the total import of 1.9 Million MTs of RPC for CPC manufacturing and 0.5 Million MTs of CPC for the Aluminium Industry in FY 2024-25, with adjustments in the following years, subject to specific conditions including usage restrictions and domestic needs. The amendment aligns with the recommendations of the Commission for Air Quality Management issued on 14.02.2024.
DGFT issues a notification which amends the Import Policy for Raw Petroleum Coke (RPC) and Calcined Petroleum Coke (CPC) under Chapter 27 of the ITC (HS), 2022, Schedule-I (Import Policy). The revised policy allows for the total import of 1.9 Million MTs of RPC for CPC manufacturing and 0.5 Million MTs of CPC for the Aluminium Industry in FY 2024-25, with adjustments in the following years, subject to specific conditions including usage restrictions and domestic needs. The amendment aligns with the recommendations of the Commission for Air Quality Management issued on 14.02.2024.
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