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...
Six new Standard Input Output Norms have been fixed for Chemical and Allied Product Group A, covering Artemether PH.I/USP, Artesunate PH.I, Dihydro Artemisinin and three Doxycycline Hyclate DR tablet variants. The notified norms specify the corresponding import inputs and permitted quantities for each export product. The operative effect is to enable Regional Authorities to issue Advance Authorisations directly on the basis of these SIONs, avoiding case-by-case referral to the Norms Committee and promoting faster, more uniform approvals under the Foreign Trade Policy 2023.
Six new Standard Input Output Norms have been fixed for Chemical and Allied Product Group A, covering Artemether PH.I/USP, Artesunate PH.I, Dihydro Artemisinin and three Doxycycline Hyclate DR tablet variants. The notified norms specify the corresponding import inputs and permitted quantities for each export product. The operative effect is to enable Regional Authorities to issue Advance Authorisations directly on the basis of these SIONs, avoiding case-by-case referral to the Norms Committee and promoting faster, more uniform approvals under the Foreign Trade Policy 2023.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
