Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
The Special Additional Excise Duty on Petroleum Crude production reduced. The amendment, made u/s 5A of the Central Excise Act, 1944, and u/s 147 of the Finance Act, 2002, substitutes the duty rate to "Rs. 5200 per tonne" effective from 1st June, 2024.
The Special Additional Excise Duty on Petroleum Crude production reduced. The amendment, made u/s 5A of the Central Excise Act, 1944, and u/s 147 of the Finance Act, 2002, substitutes the duty rate to "Rs. 5200 per tonne" effective from 1st June, 2024.
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