Allow deduction under s.36(1)(vii) for accounting write-offs; delete s.36(1)(iii) disallowances on business interest including advances to related ent...
Assessee entitled to depreciation on slump-sale goodwill; s.43(1)/43(6 explanations inapplicable; goodwill and non-compete amortisation treated as non...
The Central Government, exercising powers under the Customs Act, 1962 and the Customs Tariff Act, 1975, amends Notification No. 50/2017-Customs to substitute "18%" in column (5) against S. No. 404, thereby increasing the duty rate to 18% for the specified goods when imported by the specified person in connection with petroleum operations or coal bed methane operations under the relevant policy; the amendment takes effect on 22 September 2025.
The Central Government, exercising powers under the Customs Act, 1962 and the Customs Tariff Act, 1975, amends Notification No. 50/2017-Customs to substitute "18%" in column (5) against S. No. 404, thereby increasing the duty rate to 18% for the specified goods when imported by the specified person in connection with petroleum operations or coal bed methane operations under the relevant policy; the amendment takes effect on 22 September 2025.
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