Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The Central Government amended notification No. 11/2018-Customs to expand Social Welfare Surcharge exemptions under Section 25(1) of Customs Act, 1962 read with Section 110 of Finance Act, 2018. Key changes include addition of new tariff items under existing entries covering candles, footwear, vehicles, furniture, and toys. The amendment introduces new exemption categories 8A through 8H for specified goods including solar cells, motorcycles, electricity meters, and personal imports. Modifications also cover jewelry items under headings 7113-7114 and medical equipment under 9018-9022. The notification removes certain existing entries (Sl. No. 8 and 53) and revises scope of exemptions for motor vehicles under heading 8703. Changes effective February 2, 2025.
The Central Government amended notification No. 11/2018-Customs to expand Social Welfare Surcharge exemptions under Section 25(1) of Customs Act, 1962 read with Section 110 of Finance Act, 2018. Key changes include addition of new tariff items under existing entries covering candles, footwear, vehicles, furniture, and toys. The amendment introduces new exemption categories 8A through 8H for specified goods including solar cells, motorcycles, electricity meters, and personal imports. Modifications also cover jewelry items under headings 7113-7114 and medical equipment under 9018-9022. The notification removes certain existing entries (Sl. No. 8 and 53) and revises scope of exemptions for motor vehicles under heading 8703. Changes effective February 2, 2025.
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