RBI introduced revised guidelines for classification, valuation, and operation of investment portfolios for commercial banks. Learn about the changes.
Explore the Bombay High Court’s ruling in Prakash vs ITO on Section 54/54F exemption for property sales. This case involves the deceased assessee, Timaji Dhanjode, who sold agricultural lands and faced challenges regarding capital gains tax and exemptions.
Analysis of Patna High Court’s judgment in Sita Pandey vs. State of Bihar, highlighting tax authorities’ overreach and the need for fair tax collection practices.
SEBI issues Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2023/154 on September 11, 2023, granting board nomination rights to unitholders of Real Estate Investment Trusts (REITs). Learn the conditions and procedures.
Government of India amends export policy for food supplements containing botanicals. Get the details on official certificates and requirements for exports to the EU and UK.
A detailed analysis of the Customs Authority of Advance Ruling (CAAR) Mumbai’s order on the classification of Linear Accelerators under heading 9022.
CAAR held that Foil Balloons are made of Nylon/HDPE not of Latex/Rubber and imported for the purpose of party decoration or entertainment, merit classification under the heading 9505 and specifically under subheading 9505 9090 of the First Schedule to the Customs Tariff Act, 1975.
Delve into the intricate details of the classification of Lenovo’s Interactive Large Format Displays under Indian Customs Law. Find out why these products merit a particular sub-heading.
Read the latest Chairman’s weekly newsletter from CBIC, covering India’s G-20 success, the role of CBIC in global value chains, and recent anti-smuggling operations.
Get latest update on imposition of a 5-year anti-dumping duty on ‘Flat Base Steel Wheels’ from China PR. Details on the decision, reasons, and impact.
