Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Auto-trans-shipment of SEZ-bound cargo from gateway ports and airports has been enabled in ICES to digitise manual processing and reduce dwell time and demurrage. After Bill of Entry assessment, the system will generate the transshipment automatically and send it to the registered email address. Manual officer approval is no longer required, and TP need not be produced at the goods registration stage; once goods are registered, the TP copy with IRN number and document code will appear under supporting documents. The notice is to be treated as a standing order for officers and staff.
Auto-trans-shipment of SEZ-bound cargo from gateway ports and airports has been enabled in ICES to digitise manual processing and reduce dwell time and demurrage. After Bill of Entry assessment, the system will generate the transshipment automatically and send it to the registered email address. Manual officer approval is no longer required, and TP need not be produced at the goods registration stage; once goods are registered, the TP copy with IRN number and document code will appear under supporting documents. The notice is to be treated as a standing order for officers and staff.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
