Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Exim Bank, supported by GOI, established a USD 700 million Line of Credit (LOC) for Mongolia to finance a Crude Oil Refinery Plant construction. The agreement, effective May 06, 2025, permits export of eligible goods and services from India under specific conditions. Disbursement is permitted within 48 months after the contract's scheduled completion date. Shipments must be declared in Export Declaration Form/Shipping Bill, with no agency commission payable. The circular is issued under FEMA, 1999, sections 10(4) and 11(1), providing regulatory framework for international financial transactions between India and Mongolia.
Exim Bank, supported by GOI, established a USD 700 million Line of Credit (LOC) for Mongolia to finance a Crude Oil Refinery Plant construction. The agreement, effective May 06, 2025, permits export of eligible goods and services from India under specific conditions. Disbursement is permitted within 48 months after the contract's scheduled completion date. Shipments must be declared in Export Declaration Form/Shipping Bill, with no agency commission payable. The circular is issued under FEMA, 1999, sections 10(4) and 11(1), providing regulatory framework for international financial transactions between India and Mongolia.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
