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...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
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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