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...
New role EXP_HOLD allows authorised officers to place a HOLD on an importer-exporter code (IEC) at any stage before grant of Let Export Order (LEO), and such HOLD prevents LEO for all pending shipping bills nationwide; the role includes a revoke option exercisable only by the site that inserted the HOLD. A separate HOLDDRI role enables DRI officers to similarly block LEO. Existing ICES alert functionality remains for post-LEO actions. Where alerts/HOLDs exist from both field and DRI roles, LEO cannot be granted until all alerts are removed. Screenshots and contact details for reporting implementation issues are provided.
New role EXP_HOLD allows authorised officers to place a HOLD on an importer-exporter code (IEC) at any stage before grant of Let Export Order (LEO), and such HOLD prevents LEO for all pending shipping bills nationwide; the role includes a revoke option exercisable only by the site that inserted the HOLD. A separate HOLDDRI role enables DRI officers to similarly block LEO. Existing ICES alert functionality remains for post-LEO actions. Where alerts/HOLDs exist from both field and DRI roles, LEO cannot be granted until all alerts are removed. Screenshots and contact details for reporting implementation issues are provided.
Note: It is a system-generated summary and is for quick reference only.
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