Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
Membership-consent thresholds for oppression petitions are satisfied by unchallenged voter-list consents, while unsupported forgery claims require pro...
RBI issued a circular providing regulatory relaxations for exports through warehouses in 'Bharat Mart' in UAE. The circular allows authorized dealer banks to permit exporters with valid Importer Exporter Code to: (a) realize and repatriate full export value within nine months from warehouse sale date, (b) open/hire warehouses in UAE, and (c) make remittances for initial and recurring business expenses without preconditions. These instructions are implemented immediately under FEMA 1999 sections 10(4) and 11(1), facilitating Indian traders' access to UAE and global markets through a multimodal logistics network marketplace.
RBI issued a circular providing regulatory relaxations for exports through warehouses in 'Bharat Mart' in UAE. The circular allows authorized dealer banks to permit exporters with valid Importer Exporter Code to: (a) realize and repatriate full export value within nine months from warehouse sale date, (b) open/hire warehouses in UAE, and (c) make remittances for initial and recurring business expenses without preconditions. These instructions are implemented immediately under FEMA 1999 sections 10(4) and 11(1), facilitating Indian traders' access to UAE and global markets through a multimodal logistics network marketplace.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
