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...
The central bank amended foreign currency account rules to permit residents who are exporters to open and maintain foreign currency accounts outside India, including in International Financial Services Centres (IFSCs), for realisation of full export proceeds and advance remittances; funds may be used for paying imports into India or repatriated after adjusting forward commitments within three months if the account is with a bank in an IFSC or by the next month for other jurisdictions, subject to compliance with existing export realisation and repatriation requirements under the export regulations.
The central bank amended foreign currency account rules to permit residents who are exporters to open and maintain foreign currency accounts outside India, including in International Financial Services Centres (IFSCs), for realisation of full export proceeds and advance remittances; funds may be used for paying imports into India or repatriated after adjusting forward commitments within three months if the account is with a bank in an IFSC or by the next month for other jurisdictions, subject to compliance with existing export realisation and repatriation requirements under the export regulations.
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