Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
The GoI's Directorate General of Foreign Trade issued Notification No. 15/2025-26, rescinding previous public notice 23(RE-2013)/2009-14 under Foreign Trade (Development & Regulation) Act 1992. The notification immediately removes port restrictions and testing requirements for exporting Finished Leather, Wet Blue Leather, El Tanned Leather, and Crust Leather. Specifically, exporters are no longer mandated to obtain testing and certification from Central Leather Research Institute (CLRI) for these leather categories. The regulatory amendment simplifies export procedures for leather products, eliminating prior procedural constraints and facilitating smoother international trade in leather commodities.
The GoI's Directorate General of Foreign Trade issued Notification No. 15/2025-26, rescinding previous public notice 23(RE-2013)/2009-14 under Foreign Trade (Development & Regulation) Act 1992. The notification immediately removes port restrictions and testing requirements for exporting Finished Leather, Wet Blue Leather, El Tanned Leather, and Crust Leather. Specifically, exporters are no longer mandated to obtain testing and certification from Central Leather Research Institute (CLRI) for these leather categories. The regulatory amendment simplifies export procedures for leather products, eliminating prior procedural constraints and facilitating smoother international trade in leather commodities.
Note: It is a system-generated summary and is for quick reference only.