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 letter addresses concerns/queries on newly inserted SEZ Rule 11B allowing non-SEZ IT/ITES units in IT/ITES SEZs. Guidelines were issued on 9th April, 2024, following the amendment on 6th December, 2023. A certificate on duty refund u/r 11B is required for proposals to the Board of Approval, as decided in the 120th meeting of the Board. The communication is signed by an Under Secretary to the Govt. of India, emphasizing compliance with the amended SEZ Rules.
The letter addresses concerns/queries on newly inserted SEZ Rule 11B allowing non-SEZ IT/ITES units in IT/ITES SEZs. Guidelines were issued on 9th April, 2024, following the amendment on 6th December, 2023. A certificate on duty refund u/r 11B is required for proposals to the Board of Approval, as decided in the 120th meeting of the Board. The communication is signed by an Under Secretary to the Govt. of India, emphasizing compliance with the amended SEZ Rules.
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