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 notification amends the earlier central excise notification on special additional excise duty for aviation turbine fuel cleared for exports by substituting the rate entry in the table with a revised levy of Rs. 16 per litre. The amendment operates as a further change to the principal notification and applies from 16 May 2026.
The notification amends the earlier central excise notification on special additional excise duty for aviation turbine fuel cleared for exports by substituting the rate entry in the table with a revised levy of Rs. 16 per litre. The amendment operates as a further change to the principal notification and applies from 16 May 2026.
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