This document is the 329th issue of Tax Connect, a weekly e-bulletin published from 19th to 25th December 2021. It covers a range of important tax and regulatory updates, including changes in Income Tax rules, GST case laws and practices, FEMA circulars, Customs notifications, and DGFT trade notices. The publication also features synopses of various tax-related books, making it a valuable resource for tax professionals, businesses, and anyone needing to stay informed about the latest developments in Indian taxation and foreign exchange regulations.