Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
This circular from the Central Board of Direct Taxes (CBDT) condones the delay in filing Form No. 10-IC or Form No. 10-ID for Assessment Years 2020-21, 2021-22, and 2022-23 under certain conditions. Principal Commissioners/Commissioners of Income Tax can condone delays up to 365 days, while Principal Chief Commissioners/Chief Commissioners/Directors General can condone delays beyond 365 days. Conditions include timely filing of the return, opting for taxation u/s 115BAA/115BAB, and genuine hardship. Applications beyond three years from the assessment year's end won't be entertained. Pending applications as of the circular's issue date are covered. The circular aims to avoid hardship in exercising the option u/ss 115BAA/115BAB.
This circular from the Central Board of Direct Taxes (CBDT) condones the delay in filing Form No. 10-IC or Form No. 10-ID for Assessment Years 2020-21, 2021-22, and 2022-23 under certain conditions. Principal Commissioners/Commissioners of Income Tax can condone delays up to 365 days, while Principal Chief Commissioners/Chief Commissioners/Directors General can condone delays beyond 365 days. Conditions include timely filing of the return, opting for taxation u/s 115BAA/115BAB, and genuine hardship. Applications beyond three years from the assessment year's end won't be entertained. Pending applications as of the circular's issue date are covered. The circular aims to avoid hardship in exercising the option u/ss 115BAA/115BAB.
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