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...
The Central Government has specified the Ten Year Zero Coupon Bond of Power Finance Corporation Ltd. as a zero coupon bond under section 2(48) of the Income-tax Act, 1961. The bond has a lifespan of ten years and one month, with issuance scheduled on or before March 31, 2027. Each bond will be redeemed at Rs. 100,000 with a discount of Rs. 49,546. The total issue comprises ten lakh bonds. This notification was issued pursuant to the powers conferred by clause (48) of section 2 of the Income-tax Act, read with relevant provisions of the Income-tax Rules, 1962.
The Central Government has specified the Ten Year Zero Coupon Bond of Power Finance Corporation Ltd. as a zero coupon bond under section 2(48) of the Income-tax Act, 1961. The bond has a lifespan of ten years and one month, with issuance scheduled on or before March 31, 2027. Each bond will be redeemed at Rs. 100,000 with a discount of Rs. 49,546. The total issue comprises ten lakh bonds. This notification was issued pursuant to the powers conferred by clause (48) of section 2 of the Income-tax Act, read with relevant provisions of the Income-tax Rules, 1962.
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