Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
The export policy for wood pellets under ITC(HS) 44013100 is revised from prohibited to restricted, and wood briquettes under ITC(HS) 44013200 from free to restricted. Both items may now be exported only under a Restricted Export Authorization, with immediate effect. The notification amends Schedule-2 of the ITC(HS) 2022 export policy and updates the applicable policy condition to align both products with conditional export control rather than open export or outright prohibition.
The export policy for wood pellets under ITC(HS) 44013100 is revised from prohibited to restricted, and wood briquettes under ITC(HS) 44013200 from free to restricted. Both items may now be exported only under a Restricted Export Authorization, with immediate effect. The notification amends Schedule-2 of the ITC(HS) 2022 export policy and updates the applicable policy condition to align both products with conditional export control rather than open export or outright prohibition.
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