SEZ-unit profit deduction covers voluntary transfer-pricing adjustments, while exempt-income costs, foreign-exchange loss and ITeS comparables are exa...
Infrastructure-development deduction remains available to EPC contractors when substantive statutory conditions outweigh contractor labels in agreemen...
Subsequent policy circulars permit exporters supplying SEZ units under Advance Authorisation to furnish specified corroborative evidence when a Bill of Export cannot be produced for discharge of export obligation. Where those circulars apply, the competent authority must first assess whether the alternative documents meet their stipulated conditions; the Bill of Export is not necessarily the sole acceptable proof. The claim requires fresh consideration under the applicable circulars, with the adequacy of the evidence and all other merits remaining open.
Subsequent policy circulars permit exporters supplying SEZ units under Advance Authorisation to furnish specified corroborative evidence when a Bill of Export cannot be produced for discharge of export obligation. Where those circulars apply, the competent authority must first assess whether the alternative documents meet their stipulated conditions; the Bill of Export is not necessarily the sole acceptable proof. The claim requires fresh consideration under the applicable circulars, with the adequacy of the evidence and all other merits remaining open.
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TaxTMI 
TaxTMI 
of 4888 
