Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
The GoI through CBDT issued Notification No. 52/2025 specifying a zero coupon bond for tax purposes under Section 2(48) of the Income-tax Act, 1961. The bond, issued by REC Ltd., has a ten-and-a-half-year tenure, with a maturity value of Rs. 5,000 crores and a discount of Rs. 2,200 crores. The bond will be issued before 31st March 2027, with a total of five lakhs bonds to be released. The notification provides comprehensive details regarding the bond's characteristics, enabling its classification as a zero coupon instrument for taxation regulations.
The GoI through CBDT issued Notification No. 52/2025 specifying a zero coupon bond for tax purposes under Section 2(48) of the Income-tax Act, 1961. The bond, issued by REC Ltd., has a ten-and-a-half-year tenure, with a maturity value of Rs. 5,000 crores and a discount of Rs. 2,200 crores. The bond will be issued before 31st March 2027, with a total of five lakhs bonds to be released. The notification provides comprehensive details regarding the bond's characteristics, enabling its classification as a zero coupon instrument for taxation regulations.
Note: It is a system-generated summary and is for quick reference only.