Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
HC allows petition challenging DGFT Notification No.68/2023, setting aside the rejection of Advance Authorisation for Raw Petroleum Coke import. The court remitted the matter to respondents for fresh consideration, directing DGFT to provide personal hearing to petitioners. The ruling emphasizes compliance with CAQM order and Supreme Court precedents, permitting deemed exports to SEZ units. The decision mandates reconsideration of the petitioner's application under Foreign Trade Policy, 2023, with interim relief to supply Calcined Petroleum Coke to SEZ units pending final determination.
HC allows petition challenging DGFT Notification No.68/2023, setting aside the rejection of Advance Authorisation for Raw Petroleum Coke import. The court remitted the matter to respondents for fresh consideration, directing DGFT to provide personal hearing to petitioners. The ruling emphasizes compliance with CAQM order and Supreme Court precedents, permitting deemed exports to SEZ units. The decision mandates reconsideration of the petitioner's application under Foreign Trade Policy, 2023, with interim relief to supply Calcined Petroleum Coke to SEZ units pending final determination.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
