Condonation of Delay: directoral disputes and pending company proceedings can constitute reasonable cause, allowing a belated return to be treated as ...
Revisionary jurisdiction under section 263 upheld; faceless assessments subject to revision when AO fails requisite enquiries, remitted for fresh asse...
Limited scope of processing under section 143(1): enhancement without show cause is unsustainable; remand for residency, taxation and TDS verification...
The Bond-cum-Legal Undertaking required from SEZ developers/units may be executed and submitted electronically in formats specified from time to time, including as an electronic BLUT via e-stamp or other digital mechanisms and integrated electronic systems such as ICEGATE; this dispenses with the prior requirement to execute the BLUT on non-judicial stamp paper and to have it notarised, and supersedes Instruction No. 2 dated 24.03.2006. The change permits electronic acceptance of bonds under the SEZ Act/Rules and aligns procedural formality with existing electronic bond systems.
The Bond-cum-Legal Undertaking required from SEZ developers/units may be executed and submitted electronically in formats specified from time to time, including as an electronic BLUT via e-stamp or other digital mechanisms and integrated electronic systems such as ICEGATE; this dispenses with the prior requirement to execute the BLUT on non-judicial stamp paper and to have it notarised, and supersedes Instruction No. 2 dated 24.03.2006. The change permits electronic acceptance of bonds under the SEZ Act/Rules and aligns procedural formality with existing electronic bond systems.
Note: It is a system-generated summary and is for quick reference only.
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