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...
Residents, as well as non-residents, are now permitted to exchange Indian Rupee notes at foreign exchange counters located in departure halls of international airports, provided the counters are within the Duty-Free Area or Security Hold Area beyond the immigration or customs desk. The Master Direction on Money Changing Activities is being amended to reflect this expanded placement and access. Authorised Persons may notify customers of the change, which operates without prejudice to any approvals required under other laws.
Residents, as well as non-residents, are now permitted to exchange Indian Rupee notes at foreign exchange counters located in departure halls of international airports, provided the counters are within the Duty-Free Area or Security Hold Area beyond the immigration or customs desk. The Master Direction on Money Changing Activities is being amended to reflect this expanded placement and access. Authorised Persons may notify customers of the change, which operates without prejudice to any approvals required under other laws.
Note: It is a system-generated summary and is for quick reference only.