Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Customs Cargo Service Provider appointment extends custodianship to additional terminal land, subject to cargo-control, security and licence condition...
Rationalization of provisions related to the valuation of residential accommodation provided to employees - For uniform method of computation of value of perquisite, section 17(2)(ii)(i) has been amended to take the power of prescription of the method for computation of the value of rent-free accommodation provided to the assessee by his employer and the value of any accommodation provided to the assessee by his employer at a concessional rate. Earlier, such computation method was explained in Rule 3 & Explanation to sec 17(2).
Rationalization of provisions related to the valuation of residential accommodation provided to employees - For uniform method of computation of value of perquisite, section 17(2)(ii)(i) has been amended to take the power of prescription of the method for computation of the value of rent-free accommodation provided to the assessee by his employer and the value of any accommodation provided to the assessee by his employer at a concessional rate. Earlier, such computation method was explained in Rule 3 & Explanation to sec 17(2).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4790
Join Channel
TaxTMI 
