Garrison Emgomeer (E/M),Air Firce ... vs Jcit.(Tds), Bhopal, Bhopal on 22 March, 2022
In the Income-Tax Appellate Tribunal,
Agra Bench, Agra
Before
FEMA) and
regulations framed thereunder. In connection therewith, Foreign Inward
Remittance Certificates(FIRCs) were issued by the authorised dealer
(AD)/receiving bank. Such FIRCs indicate ... approval route. The Review Applicants also
referred to and relied upon the FIRCs issued by the Indian Overseas Bank
FEMA) and
regulations framed thereunder. In connection therewith, Foreign Inward
Remittance Certificates(FIRCs) were issued by the authorised dealer
(AD)/receiving bank. Such FIRCs indicate ... approval route. The Review Applicants also
referred to and relied upon the FIRCs issued by the Indian Overseas Bank
FEMA) and
regulations framed thereunder. In connection therewith, Foreign Inward
Remittance Certificates(FIRCs) were issued by the authorised dealer
(AD)/receiving bank. Such FIRCs indicate ... approval route. The Review Applicants also referred to
and relied upon the FIRCs issued by the Indian Overseas Bank
time-limit will be the end of the quarter" in
which FIRC's are received as per the extant Notification No.
27/2012 ... that limitation will become
operative only with reference to date of FIRC. Harmonious reading
of both these would extend the relevant date
learned assessing
officer in the form of Foreign Inward Remittance
Certificate (FIRC), the correspondence with the Reserve
Bank of India and submitted that investment ... Copy of Share certificate;
• Copy of complete reporting made to RBI for
FIRC, UIN No. and FCGPR report inter-alia
containing entire banking transaction details
denied to them for some procedural lapses in non
production of the FIRC before the original authority.
Tribunal in case of Amnet Systems ... CESTAT-MAD] has held otherwise. Further they are
having all the FIRC now and they can establish their Export
Turnover by producing the same
denied to them for some procedural lapses in non
production of the FIRC before the original authority.
Tribunal in case of Amnet Systems ... CESTAT-MAD] has held otherwise. Further they are
having all the FIRC now and they can establish their Export
Turnover by producing the same
denied to them for some procedural lapses in non
production of the FIRC before the original authority.
Tribunal in case of Amnet Systems ... CESTAT-MAD] has held otherwise. Further they are
having all the FIRC now and they can establish their Export
Turnover by producing the same
examined the details relating to
share application money including the FIRCs during the
course of assessment ... instead of
equity shares by the Bank while reporting in the FIRC.
13. The learned Pr.CIT erred in not considering the
submission of details
