Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
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The Central Government has notified a 2.70-hectare area in Nava Raipur, Atal Nagar, Chhattisgarh, as a Special Economic Zone (SEZ) for IT/ITES development proposed by a private company under the Special Economic Zones Act, 2005. Following approval granted on June 4, 2025, the government constituted an Approval Committee comprising various ex officio members from commerce, customs, income tax, finance, and state government officials, along with a representative of the zone developer. The SEZ is also designated as an Inland Container Depot under the Customs Act, effective from July 9, 2025.
The Central Government has notified a 2.70-hectare area in Nava Raipur, Atal Nagar, Chhattisgarh, as a Special Economic Zone (SEZ) for IT/ITES development proposed by a private company under the Special Economic Zones Act, 2005. Following approval granted on June 4, 2025, the government constituted an Approval Committee comprising various ex officio members from commerce, customs, income tax, finance, and state government officials, along with a representative of the zone developer. The SEZ is also designated as an Inland Container Depot under the Customs Act, effective from July 9, 2025.
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