Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
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This notification amends the Central Excise notification No. 11/2017 to align it with the amended Fourth Schedule of the Central Excise Act, 1944. It inserts two new entries in the table, levying 2% excise duty on blended aviation turbine fuel drawn by selected airline or cargo operators for regional connectivity scheme flights from UDAN airports, and 11% duty on other blended aviation turbine fuel. The amendment comes into force from 29th October, 2024.
This notification amends the Central Excise notification No. 11/2017 to align it with the amended Fourth Schedule of the Central Excise Act, 1944. It inserts two new entries in the table, levying 2% excise duty on blended aviation turbine fuel drawn by selected airline or cargo operators for regional connectivity scheme flights from UDAN airports, and 11% duty on other blended aviation turbine fuel. The amendment comes into force from 29th October, 2024.
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