Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
The Ministry of Finance, u/s 5A of the Central Excise Act, 1944, has issued Notification No. 16/2024-Central Excise on 14th June, 2024, amending No. 18/2022-Central Excise to reduce the Special Additional Excise Duty on Petroleum Crude production to Rs. 3250 per tonne. This amendment, effective from 15th June, 2024, is made in the public interest. The notification was issued by the Under Secretary, and it amends a previous notification from July 2022.
The Ministry of Finance, u/s 5A of the Central Excise Act, 1944, has issued Notification No. 16/2024-Central Excise on 14th June, 2024, amending No. 18/2022-Central Excise to reduce the Special Additional Excise Duty on Petroleum Crude production to Rs. 3250 per tonne. This amendment, effective from 15th June, 2024, is made in the public interest. The notification was issued by the Under Secretary, and it amends a previous notification from July 2022.
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