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 Ministry of Finance, Department of Revenue, u/s 14 of the Customs Act, 1962, amended tariff values for Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver. New tables substituted previous ones, specifying tariff values per metric tonne or unit. Gold and Silver values vary based on form and purity. Effective from June 1, 2024, this notification 38/2024-Customs (N.T.), aims to regulate customs duties.
The Ministry of Finance, Department of Revenue, u/s 14 of the Customs Act, 1962, amended tariff values for Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver. New tables substituted previous ones, specifying tariff values per metric tonne or unit. Gold and Silver values vary based on form and purity. Effective from June 1, 2024, this notification 38/2024-Customs (N.T.), aims to regulate customs duties.
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