Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Special additional excise duty on petrol and diesel for domestic consumption is amended under the principal excise notification: the rate for one category is reduced to Rs. 3 per litre, another category is reduced to nil, and goods cleared for export are excluded from the notification's scope. The amendment is made effective immediately, changing the duty position for domestic clearances while leaving export clearances outside the levy relief.
Special additional excise duty on petrol and diesel for domestic consumption is amended under the principal excise notification: the rate for one category is reduced to Rs. 3 per litre, another category is reduced to nil, and goods cleared for export are excluded from the notification's scope. The amendment is made effective immediately, changing the duty position for domestic clearances while leaving export clearances outside the levy relief.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
