Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The Ministry of Finance, Department of Revenue, issued Notification No. 47/2024-Customs (N.T.) on 30th June, 2024, amending the Sea Cargo Manifest and Transhipment Regulations, 2018. The amendment extends the validity in regulation 15 from "till 30th June 2024" to "till 31st August 2024" for furnishing the declaration in old form. Additionally, in Form XI, the monetary amounts for furnishing of Bond and bank guarantee. are revised from "Rs. ten lakhs" to "Rs. five lakhs" for various instances. This amendment is made under the Customs Act, 1962, and comes into effect upon publication in the Official Gazette. The previous amendments were notified on 28th March 2024.
The Ministry of Finance, Department of Revenue, issued Notification No. 47/2024-Customs (N.T.) on 30th June, 2024, amending the Sea Cargo Manifest and Transhipment Regulations, 2018. The amendment extends the validity in regulation 15 from "till 30th June 2024" to "till 31st August 2024" for furnishing the declaration in old form. Additionally, in Form XI, the monetary amounts for furnishing of Bond and bank guarantee. are revised from "Rs. ten lakhs" to "Rs. five lakhs" for various instances. This amendment is made under the Customs Act, 1962, and comes into effect upon publication in the Official Gazette. The previous amendments were notified on 28th March 2024.
Note: It is a system-generated summary and is for quick reference only.