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Audit Trail Compliance in Accounting Software
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Analysis of the Decision of the Supreme Court in Safari Retreats
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Gifts and Loans — By and To Non-Resident Indians – II
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Legal Considerations for Start-Ups – Are you overlooking some?
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ATR & AQMM – Audit Reports of Auditors!
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भारत पहले – 75 Year of Independence
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August 2016

A. P. (DIR Series) Circular No. 78 dated June 23, 2016

By Gaurang Gandhi, Chartered Accountant

Reading Time 1 mins

Notification No. FEMA 365/2016-RB dated June 01, 2016

Permitting writing of options against contracted exposures by Indian Residents

This circular permits resident exporters and importers of goods and services to write (sell) standalone plain vanilla European call and put option contracts against their contracted exposure, i.e. covered call and covered put respectively, with any bank in India subject to operational guidelines, terms and conditions annexed in Annex I to this circular.

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August 2016

A. P. (DIR Series) Circular No. 78 dated June 23, 2016

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A. P. (DIR Series) Circular No. 77[2]/10[R] dated June 23, 2016

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August 2016

A. P. (DIR Series) Circular No. 78 dated June 23, 2016

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A. P. (DIR Series) Circular No. 77[2]/10[R] dated June 23, 2016

[2016-TIOL-1851-CESTAT-MUM] Bny Mellon International Operations India P. Ltd vs. Commissioner of Central Excise, Pune-III