Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
The Appellate Tribunal (ITAT) considered Transfer Pricing (TP) adjustments related to foreign exchange gains and engineering services. The assessee used Transactional Net Margin Method (TNMM) while the Transfer Pricing Officer (TPO) applied Resale Price Method (RPM). The Dispute Resolution Panel (DRP) granted partial relief to the assessee, which was followed by the Assessing Officer in the assessment order. The Tribunal found no evidence to challenge the Assessing Officer's or TPO's findings, thus upholding the assessment order and dismissing the assessee's appeal.
The Appellate Tribunal (ITAT) considered Transfer Pricing (TP) adjustments related to foreign exchange gains and engineering services. The assessee used Transactional Net Margin Method (TNMM) while the Transfer Pricing Officer (TPO) applied Resale Price Method (RPM). The Dispute Resolution Panel (DRP) granted partial relief to the assessee, which was followed by the Assessing Officer in the assessment order. The Tribunal found no evidence to challenge the Assessing Officer's or TPO's findings, thus upholding the assessment order and dismissing the assessee's appeal.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
