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 Public Notice amends the provision related to reporting requirements for fulfillment of Export Obligation (EO) under the Export Promotion Capital Goods (EPCG) Scheme. Instead of annual reporting, authorization holders must now submit a report on EO fulfillment to the concerned Regional Authority after the expiry of the first four-year block period and continuously until the valid EO period ends. The report must contain details of shipping bills, invoices, bills of export, and foreign inward remittance certificates, duly certified by a Chartered Accountant, Cost Accountant, or Company Secretary, evidencing fulfillment of specific and average EO, where applicable. This amendment aims to reduce compliance burden and enhance ease of doing business for EPCG authorization holders.
The Public Notice amends the provision related to reporting requirements for fulfillment of Export Obligation (EO) under the Export Promotion Capital Goods (EPCG) Scheme. Instead of annual reporting, authorization holders must now submit a report on EO fulfillment to the concerned Regional Authority after the expiry of the first four-year block period and continuously until the valid EO period ends. The report must contain details of shipping bills, invoices, bills of export, and foreign inward remittance certificates, duly certified by a Chartered Accountant, Cost Accountant, or Company Secretary, evidencing fulfillment of specific and average EO, where applicable. This amendment aims to reduce compliance burden and enhance ease of doing business for EPCG authorization holders.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
