Penny-stock additions require transaction-specific evidence; general investigation material alone cannot establish undisclosed income or accommodation...
Transfer pricing comparability prioritises reliable external CUPs and foreign-currency LIBOR benchmarks for exports, borrowings and delayed receivable...
Section 153C satisfaction and seized electronic records sustained unexplained-investment addition, subject to proportionate ownership-share verificati...
The Government of India, Ministry of Commerce and Industry, Department of Commerce, through the Directorate General of Foreign Trade, has extended the Interest Equalisation Scheme (IES) for Pre and Post shipment Rupee Export Credit for two months beyond 30th June, 2024. This extension, applicable to MSME exporters only, is capped at Rs. 750 Cr and maintains the existing terms and conditions. Non-MSME exporters' claims will not be accepted after 30th June, 2024. Relevant RBI guidelines and notifications should be consulted.
The Government of India, Ministry of Commerce and Industry, Department of Commerce, through the Directorate General of Foreign Trade, has extended the Interest Equalisation Scheme (IES) for Pre and Post shipment Rupee Export Credit for two months beyond 30th June, 2024. This extension, applicable to MSME exporters only, is capped at Rs. 750 Cr and maintains the existing terms and conditions. Non-MSME exporters' claims will not be accepted after 30th June, 2024. Relevant RBI guidelines and notifications should be consulted.
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