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...
A time-limited RELIEF intervention under the Export Promotion Mission operationalises targeted support for exporters affected by geopolitical disruptions in the Gulf and West Asia maritime corridor. ECGC is designated as nodal implementing agency. Component I maintains pre-disruption premium levels and reimburses ECGC to permit enhanced cover (up to full loss) for consignments with onboard bill/airway bills issued 14 Feb-15 Mar 2026. Component II similarly caps premiums and enables up to 95% cover for new ECGC policies for shipments with bills issued 16 Mar-15 Jun 2026. Component III reimburses eligible non ECGC MSME exporters up to 50% of extraordinary freight/insurance burden, subject to documentation, per exporter ceiling, verification and budget limits.
A time-limited RELIEF intervention under the Export Promotion Mission operationalises targeted support for exporters affected by geopolitical disruptions in the Gulf and West Asia maritime corridor. ECGC is designated as nodal implementing agency. Component I maintains pre-disruption premium levels and reimburses ECGC to permit enhanced cover (up to full loss) for consignments with onboard bill/airway bills issued 14 Feb-15 Mar 2026. Component II similarly caps premiums and enables up to 95% cover for new ECGC policies for shipments with bills issued 16 Mar-15 Jun 2026. Component III reimburses eligible non ECGC MSME exporters up to 50% of extraordinary freight/insurance burden, subject to documentation, per exporter ceiling, verification and budget limits.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
