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...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
The Director General of Foreign Trade of India has issued a public notice allowing 19 existing Pre-Shipment Inspection Agencies (PSIAs) to expand their areas of operation. The PSIAs have established new branch offices in various countries, including but not limited to Australia, Canada, China, Germany, Kuwait, Mexico, New Zealand, Saudi Arabia, United States, and Vietnam. The notice requires PSIAs to update their membership certificates with MRAI, ISRI, or IFIA and their contact details within 30 days. This expansion aims to enhance the operational scope and geographical reach of the PSIAs.
The Director General of Foreign Trade of India has issued a public notice allowing 19 existing Pre-Shipment Inspection Agencies (PSIAs) to expand their areas of operation. The PSIAs have established new branch offices in various countries, including but not limited to Australia, Canada, China, Germany, Kuwait, Mexico, New Zealand, Saudi Arabia, United States, and Vietnam. The notice requires PSIAs to update their membership certificates with MRAI, ISRI, or IFIA and their contact details within 30 days. This expansion aims to enhance the operational scope and geographical reach of the PSIAs.
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