Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Automated process launched to publish exchange rates for customs valuation. Exchange rates received from State Bank of India adjusted to nearest five paise, integrated with Indian Customs EDI System. Published on ICEGATE website at 6 PM, effective from midnight next day. Rates accessible online for public viewing and future reference. Contingency plan with nodal officers to monitor and intervene manually if required. Existing system of notifying rates through notification dispensed with. User manual on Exchange Rate Automation Module provided. Clarifications can be sought from designated officials.
Automated process launched to publish exchange rates for customs valuation. Exchange rates received from State Bank of India adjusted to nearest five paise, integrated with Indian Customs EDI System. Published on ICEGATE website at 6 PM, effective from midnight next day. Rates accessible online for public viewing and future reference. Contingency plan with nodal officers to monitor and intervene manually if required. Existing system of notifying rates through notification dispensed with. User manual on Exchange Rate Automation Module provided. Clarifications can be sought from designated officials.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
