Business reorganisation requires recognition of successor's modified return; draft orders against dissolved transferor quashed and fresh review direct...
Pre-commencement R&D deduction denied where business had not commenced; deeming benefit requires tangible start of manufacture or commercial exploitat...
Priority of set-off: brought forward business losses must be adjusted before unabsorbed depreciation; procedural safeguards required for invoking rest...
The DGFT has notified four new Standard Input Output Norms under Chemical and Allied Product Group A for specified export products, setting the corresponding permitted import inputs and quantities for each norm. The new entries cover Cefuroxime Sterile Sodium, NAS-5, Tobramycin nebuliser solution, and Schaeffers Acid, with matching input norms prescribed for Cefuroxime Acid, Tobias Acid, Tobramycin, and Beta Naphthol. The public notice enables Regional Authorities to issue Advance Authorisations directly on these norms without referring individual cases to the Norms Committee, thereby streamlining approvals and promoting uniform decision-making.
The DGFT has notified four new Standard Input Output Norms under Chemical and Allied Product Group A for specified export products, setting the corresponding permitted import inputs and quantities for each norm. The new entries cover Cefuroxime Sterile Sodium, NAS-5, Tobramycin nebuliser solution, and Schaeffers Acid, with matching input norms prescribed for Cefuroxime Acid, Tobias Acid, Tobramycin, and Beta Naphthol. The public notice enables Regional Authorities to issue Advance Authorisations directly on these norms without referring individual cases to the Norms Committee, thereby streamlining approvals and promoting uniform decision-making.
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