Day: November 11, 2024
Revision u/s 263 was correct as AO did not conduct any enquiry to verify if land sold was beyond prescribed Municipal Limits – High Court. In a recent judgment, Hon’ble Delhi High Court held that the assessment order passed by the Assessing Officer (AO) was erroneous in so …
RBI mandates reporting of Foreign Exchange Transactions to Trade Repository RBI Master Direction namely Risk Management and Inter-Bank Dealings requires, inter-alia, Authorised Dealers to report all over-the-counter (OTC) foreign exchange derivative contracts and foreign currency interest rate derivative contracts, undertaken by them directly or through their overseas entities …
CBIC issues clarification on Insurance amount and Bond Value for Custom Cargo Service Providers CCSPs and validity of Bond for AEO-LO Circular No. 22 /2024-Customs File No. 520/32/2022-Cus-VIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsCustoms Policy Wing Room No. 252A, North Block, …
