Penalty for estimation of income and disallowances for tax non-deduction clarified: estimation-based penalties not sustainable; additions without conc...
Managerial remuneration disallowance under s.40A(2)(b) challenged over alleged tax-avoidance; appellate decision restored deletion of addition for dir...
Classification of imported goods as electronic cigarette versus tobacco product reversed for lack of proof; order set aside for jurisdictional overrea...
Cross Recessed Screws Quality Control Order 2025 instituted a mandatory quality control regime with staged implementation for smaller enterprises; the implementation dates for small and micro enterprises were later deferred. Regulatory responsibility for iron and steel product HSN chapters was transferred to the steel ministry, and in response to stakeholder representations a one-time exemption was granted: consignments with inward entry dates from 1 November 2025 to 12 January 2026 are exempt from the QCO. Officers are instructed to implement the exemption and report difficulties to the Board.
Cross Recessed Screws Quality Control Order 2025 instituted a mandatory quality control regime with staged implementation for smaller enterprises; the implementation dates for small and micro enterprises were later deferred. Regulatory responsibility for iron and steel product HSN chapters was transferred to the steel ministry, and in response to stakeholder representations a one-time exemption was granted: consignments with inward entry dates from 1 November 2025 to 12 January 2026 are exempt from the QCO. Officers are instructed to implement the exemption and report difficulties to the Board.
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