Clubbing of income from gifted property failed where the claim surfaced after reassessment limitation, sustaining capital-gains assessment in spouse's...
Employee stock-option discount qualifies as revenue expenditure, while royalty and service comparables require reliable functional and transactional b...
Special insurance income computation preserves statutory deductions while limiting transfer-pricing, withholding and disallowance adjustments for gene...
Authorised Dealer Category I banks and Category II entities must maintain internal guidelines for facilitating outward foreign exchange remittances through online or physical submission of Form A2 and related documents. Approval for those guidelines may now be given by the Board, a Board Committee, or a Management Committee where the Board has delegated that power. Existing requirements governing online or physical Form A2 submissions otherwise remain unchanged. The directions operate without affecting any separate permission or approval required under other applicable laws.
Authorised Dealer Category I banks and Category II entities must maintain internal guidelines for facilitating outward foreign exchange remittances through online or physical submission of Form A2 and related documents. Approval for those guidelines may now be given by the Board, a Board Committee, or a Management Committee where the Board has delegated that power. Existing requirements governing online or physical Form A2 submissions otherwise remain unchanged. The directions operate without affecting any separate permission or approval required under other applicable laws.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
