Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
Second Schedule attachment and validity of a post-notice mortgage: TRO cannot declare mortgage void ab initio; sale and appropriation allowed thereaft...
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...
A special one-time exemption window allows manufactured goods cleared by SEZ units into the DTA to pay concessional customs duty, and in specified cases reduced AIDC, instead of full levy, subject to the Annexure conditions. The benefit is limited to SEZ units that commenced production on or before 31 March 2025, file a Bill of Entry on the common portal, achieve at least 20% value addition, keep DTA removals within 30% of the highest FOB exports of the preceding three years, and avoid prior export incentives on inputs. FTWZ units and imported goods removed as such or after use are excluded. The notification operates from 1 April 2026 to 31 March 2027 and is subject to SEZ audit.
A special one-time exemption window allows manufactured goods cleared by SEZ units into the DTA to pay concessional customs duty, and in specified cases reduced AIDC, instead of full levy, subject to the Annexure conditions. The benefit is limited to SEZ units that commenced production on or before 31 March 2025, file a Bill of Entry on the common portal, achieve at least 20% value addition, keep DTA removals within 30% of the highest FOB exports of the preceding three years, and avoid prior export incentives on inputs. FTWZ units and imported goods removed as such or after use are excluded. The notification operates from 1 April 2026 to 31 March 2027 and is subject to SEZ audit.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4816 
Join Channel 
