Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
Reassessment jurisdiction fails where unverified portal information is aggregated without examining the taxpayer's explanation or relevance of entries...
Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
The Ministry of Finance, Department of Revenue, has issued Notification No. 06/2024-Customs (ADD) on 14th March 2024, concerning the imposition of anti-dumping duty on Self-Adhesive Vinyl (SAV) originating from China PR and imported into India. This decision follows the final findings of the designated authority, which concluded that the product under consideration was exported to India at dumped prices, causing material injury to the domestic industry.
The Ministry of Finance, Department of Revenue, has issued Notification No. 06/2024-Customs (ADD) on 14th March 2024, concerning the imposition of anti-dumping duty on Self-Adhesive Vinyl (SAV) originating from China PR and imported into India. This decision follows the final findings of the designated authority, which concluded that the product under consideration was exported to India at dumped prices, causing material injury to the domestic industry.
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