Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
Second Schedule attachment and validity of a post-notice mortgage: TRO cannot declare mortgage void ab initio; sale and appropriation allowed thereaft...
Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
Deductibility of settlement payments for securities law penalties and treatment of unexplained cash credits in share trading -- Tribunal upholds posit...
Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
Contravention of foreign exchange rules in crossborder diamond payments; appellate tribunal reduces one appellant's penalty for delay and proportional...
Import of restricted IT hardware under HSN 8471 (laptops, tablets, all-in-one PCs, ultra small form factor computers and servers) for calendar year 2026 is to be managed through the Import Management System requiring importers to obtain an import authorization by applying on the DGFT website. The application portal will remain open from 22.12.2025 to 15.12.2026; authorizations issued under the system will be valid until 31.12.2026, and multiple applications may be filed within the year. Amendment requests during an authorization's validity may be submitted online, and a mid-term review may be undertaken to update inputs; the prescribed procedure may be amended, modified, suspended, or withdrawn, affecting continued availability and terms of authorization.
Import of restricted IT hardware under HSN 8471 (laptops, tablets, all-in-one PCs, ultra small form factor computers and servers) for calendar year 2026 is to be managed through the Import Management System requiring importers to obtain an import authorization by applying on the DGFT website. The application portal will remain open from 22.12.2025 to 15.12.2026; authorizations issued under the system will be valid until 31.12.2026, and multiple applications may be filed within the year. Amendment requests during an authorization's validity may be submitted online, and a mid-term review may be undertaken to update inputs; the prescribed procedure may be amended, modified, suspended, or withdrawn, affecting continued availability and terms of authorization.
Note: It is a system-generated summary and is for quick reference only.
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