Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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Transitional provisions of Sea Cargo Manifest and Transshipment Regulations (SCMTR) extended till August 31, 2024. SCMTR aims to enhance transparency, predictability, and expedite Customs clearance by mandating obligations, roles, and responsibilities for stakeholders involved in goods movement. New formats and timelines for manifest declarations specified. Parallel filing of old and new formats permitted during preparatory phase. Amendments allowed in old format. Complete details required in new format for analysis. Amendments to IGM permitted till vessel arrival without approval. Guidelines for registration and filing requirements under SCMTR to be issued by Directorate General of Systems (DGoS). Errors to be analyzed and troubleshot during parallel filing. New formats to be made mandatory location-wise through local Public Notices in consultation with DGoS. Officers to sensitize and assist stakeholders for SCMTR compliance.
Transitional provisions of Sea Cargo Manifest and Transshipment Regulations (SCMTR) extended till August 31, 2024. SCMTR aims to enhance transparency, predictability, and expedite Customs clearance by mandating obligations, roles, and responsibilities for stakeholders involved in goods movement. New formats and timelines for manifest declarations specified. Parallel filing of old and new formats permitted during preparatory phase. Amendments allowed in old format. Complete details required in new format for analysis. Amendments to IGM permitted till vessel arrival without approval. Guidelines for registration and filing requirements under SCMTR to be issued by Directorate General of Systems (DGoS). Errors to be analyzed and troubleshot during parallel filing. New formats to be made mandatory location-wise through local Public Notices in consultation with DGoS. Officers to sensitize and assist stakeholders for SCMTR compliance.
Note: It is a system-generated summary and is for quick reference only.