Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
