Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
RBI amended FEMA compounding guidelines, modifying key procedural aspects for contravention applications. The amendment eliminates linking of compounding amounts to prior orders, ensuring each application is treated independently. Additional mandatory details now required include applicant's mobile number, specific RBI office receiving payment, and application submission mode. These modifications aim to streamline processing, enhance reconciliation accuracy, and reduce administrative delays in handling contraventions. The changes apply to all Authorized Dealer Category-I banks, mandating comprehensive disclosure and precise payment tracking for FEMA-related compounding procedures.
RBI amended FEMA compounding guidelines, modifying key procedural aspects for contravention applications. The amendment eliminates linking of compounding amounts to prior orders, ensuring each application is treated independently. Additional mandatory details now required include applicant's mobile number, specific RBI office receiving payment, and application submission mode. These modifications aim to streamline processing, enhance reconciliation accuracy, and reduce administrative delays in handling contraventions. The changes apply to all Authorized Dealer Category-I banks, mandating comprehensive disclosure and precise payment tracking for FEMA-related compounding procedures.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
