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...
This notification from the Central Board of Indirect Taxes and Customs under the Ministry of Finance revises the tariff values for import of certain goods like edible oils, brass scrap, areca nuts, gold, and silver. Table 1 specifies the tariff values per metric ton for various forms of crude and refined palm oil, crude soya bean oil, and brass scrap. Table 2 prescribes tariff values for import of gold in different forms like bars, coins, and findings, as well as silver in the form of bars, coins, and semi-manufactured items. Table 3 maintains the existing tariff value for import of areca nuts. The revised tariff values are effective from 31st October 2024.
This notification from the Central Board of Indirect Taxes and Customs under the Ministry of Finance revises the tariff values for import of certain goods like edible oils, brass scrap, areca nuts, gold, and silver. Table 1 specifies the tariff values per metric ton for various forms of crude and refined palm oil, crude soya bean oil, and brass scrap. Table 2 prescribes tariff values for import of gold in different forms like bars, coins, and findings, as well as silver in the form of bars, coins, and semi-manufactured items. Table 3 maintains the existing tariff value for import of areca nuts. The revised tariff values are effective from 31st October 2024.
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