Limitation for consequential assessments runs from prescribed authority receipt, while verified purchases cannot be disallowed merely for unanswered s...
Higher depreciation for qualifying commercial vehicles, exempt-income disallowance, research deduction verification, and club-expense treatment clarif...
Charitable registration renewal cannot become an assessment of receipts, profitability or annual exemption compliance, requiring renewal and donation ...
AMP expenditure for own business is not an international transaction without an associated-enterprise arrangement, eliminating transfer pricing adjust...
Customs valuation must use comparable contemporary imports, while confiscation fines and penalties require proportionate recalculation on reassessed v...
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The Instruction No. 06/2024-Customs issued by CBIC addresses the need to enhance preventive vigilance during elections. It emphasizes coordination among law enforcement agencies to curb the flow of suspicious cash, illicit goods, and other malpractices. The document outlines a detailed SOP for CBIC formations, emphasizing roles and responsibilities, focus areas for vigilance, data analysis, and reporting. Specific measures are highlighted to enhance vigilance, including increased monitoring along borders and airports, random audits, and currency declaration checks. The instructions aim to uphold the integrity of elections and ensure compliance with procedures to prevent misuse and malpractices.
The Instruction No. 06/2024-Customs issued by CBIC addresses the need to enhance preventive vigilance during elections. It emphasizes coordination among law enforcement agencies to curb the flow of suspicious cash, illicit goods, and other malpractices. The document outlines a detailed SOP for CBIC formations, emphasizing roles and responsibilities, focus areas for vigilance, data analysis, and reporting. Specific measures are highlighted to enhance vigilance, including increased monitoring along borders and airports, random audits, and currency declaration checks. The instructions aim to uphold the integrity of elections and ensure compliance with procedures to prevent misuse and malpractices.
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