Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Govt. revises the tariff values for import of certain goods including edible oils like crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soyabean oil, brass scrap, gold in various forms, silver in various forms, and areca nuts. The tariff values for edible oils, brass scrap, and areca nuts remain unchanged from the previous notification. However, the tariff value for silver in certain forms has been revised upwards to $1036 per kilogram.
Govt. revises the tariff values for import of certain goods including edible oils like crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soyabean oil, brass scrap, gold in various forms, silver in various forms, and areca nuts. The tariff values for edible oils, brass scrap, and areca nuts remain unchanged from the previous notification. However, the tariff value for silver in certain forms has been revised upwards to $1036 per kilogram.
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