Foreign Trade Policy & Hand Book of Procedures 2015-2020 extended upto 31.03.2021
Foreign Trade Policy 2015-2020 extended upto 31.03.2021
The existing Foreign Trade Policy 2015-2020 which is valid upto 31.3.2020 has been extended upto 31.03.2021. Various other changes has also also made extending the date of exemptions by one year and extending validity of DFIA and EPCG Authorizations for import purposes.
Hand Book of Procedures 2015-2020 extended upto 31.03.2021
Similarly, validity of the existing Hand Book of Procedures, 2015-20 has been extended upto 31st March, 2021.Various other amendments are also made providing extension in the export obligation period in case of Advance and EPCG Authorisations, extension in validity period of status certificates, extension in the dates of filing various applications and returns etc.
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- SC explains meaning/scope of reason to believe u/s 147 and change of opinion by AO
- Registration u/s 12AB granted as activities fall under general public utility, if not education as claimed
- How a loan amount was utilised wouldn’t constitute failure to discharge onus u/s 68
- No addition based on third party information in form of unsigned excel sheet – ITAT
- Shagun money received on occasion of marriage not taxable income – ITAT
