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...
The CBIC introduced a Warehouse Module on ICEGATE to digitize customs bonded warehouse procedures. It enables online filing for obtaining warehouse licenses, submitting requests for transfer of warehoused goods, and uploading monthly returns. The applicant can submit the license application online which will be processed by the proper customs officer. Requests for transfer of warehoused goods between persons/warehouses can also be filed and processed online. Monthly returns in Forms A and B can be uploaded as scanned PDFs, with web-form filing to be enabled later. The module aims to facilitate ease of doing business for customs bonded warehouses.
The CBIC introduced a Warehouse Module on ICEGATE to digitize customs bonded warehouse procedures. It enables online filing for obtaining warehouse licenses, submitting requests for transfer of warehoused goods, and uploading monthly returns. The applicant can submit the license application online which will be processed by the proper customs officer. Requests for transfer of warehoused goods between persons/warehouses can also be filed and processed online. Monthly returns in Forms A and B can be uploaded as scanned PDFs, with web-form filing to be enabled later. The module aims to facilitate ease of doing business for customs bonded warehouses.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
