Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
A trade regulator clarifies that the Minimum Import Price (MIP) of INR 67,220 per MT (CIF) on Virgin Multi-layer Paper Board, imposed by recent notification, remains effective until 31.03.2026, but imports by 100% Export Oriented Units and units in Special Economic Zones are exempt provided the goods are not sold into the Domestic Tariff Area; imports under Advance Authorization or Duty-Free Import Authorization schemes are also exempt. Customs formations and trade are notified to implement these provisions and warned that deviations will attract penal action.
A trade regulator clarifies that the Minimum Import Price (MIP) of INR 67,220 per MT (CIF) on Virgin Multi-layer Paper Board, imposed by recent notification, remains effective until 31.03.2026, but imports by 100% Export Oriented Units and units in Special Economic Zones are exempt provided the goods are not sold into the Domestic Tariff Area; imports under Advance Authorization or Duty-Free Import Authorization schemes are also exempt. Customs formations and trade are notified to implement these provisions and warned that deviations will attract penal action.
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