Reassessment under s.148A held valid; s.69 additions totaling Rs.7,00,000 deleted after acceptable contemporaneous explanations for property investmen...
Adjudication set aside; Rule 9 valuation based on internet engineer report quashed for Rule 3(4) non-compliance; Section 138B cross-examination requir...
A state government has replaced paper stamp bonds with an electronic "e-bond" system for import-export transactions, making it the 16th state to adopt e-bonds. The measure aims to streamline procedures, accelerate trade operations, and reduce reliance on Rs 500 stamp papers, with officials saying it will simplify issuance of thousands of monthly bonds, improve environmental outcomes, enhance transparency, prevent revenue leakage, and increase state revenues while boosting the state's ease-of-doing-business ranking.
A state government has replaced paper stamp bonds with an electronic "e-bond" system for import-export transactions, making it the 16th state to adopt e-bonds. The measure aims to streamline procedures, accelerate trade operations, and reduce reliance on Rs 500 stamp papers, with officials saying it will simplify issuance of thousands of monthly bonds, improve environmental outcomes, enhance transparency, prevent revenue leakage, and increase state revenues while boosting the state's ease-of-doing-business ranking.
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