Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
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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