Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Renewal permission is granted for Air India Limited, Kolkata to carry export and import transhipment cargo from Air Cargo Complex, Kolkata to other customs-notified Indian airports and vice versa through its domestic flights, subject to prescribed customs conditions. The permission is valid from 01.11.2025 to 31.10.2028, subject to continued validity of amended bank guarantees. The airline remains liable for any shortage or pilferage in transit, with liability extending to the value of transshipped goods in export movement and to customs duty and allied levies in import movement, along with applicable interest and penalties. The arrangement operates under Chapter VIII of the Customs Act, 1962 and the applicable transhipment and cargo-handling regulations and circulars.
Renewal permission is granted for Air India Limited, Kolkata to carry export and import transhipment cargo from Air Cargo Complex, Kolkata to other customs-notified Indian airports and vice versa through its domestic flights, subject to prescribed customs conditions. The permission is valid from 01.11.2025 to 31.10.2028, subject to continued validity of amended bank guarantees. The airline remains liable for any shortage or pilferage in transit, with liability extending to the value of transshipped goods in export movement and to customs duty and allied levies in import movement, along with applicable interest and penalties. The arrangement operates under Chapter VIII of the Customs Act, 1962 and the applicable transhipment and cargo-handling regulations and circulars.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
