Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The Chennai Customs IV (Export) Commissionerate announced automation of refund application and processing, effective April 1, 2025. The system enables electronic filing of refund applications on ICEGATE portal, eliminating manual processing. Key features include electronic scrutiny, deficiency notification within 10 days, digital communication of orders, and direct deposit of refunds to registered bank accounts via PFMS. The reform replaces concurrent audit with post-audit procedures for all refund claims. During the transition period until March 31, 2025, applicants may file refunds either manually or electronically. After this date, manual applications will require special approval from the Commissioner. This initiative aligns with CBIC's digitization goals to reduce trade costs and processing time.
The Chennai Customs IV (Export) Commissionerate announced automation of refund application and processing, effective April 1, 2025. The system enables electronic filing of refund applications on ICEGATE portal, eliminating manual processing. Key features include electronic scrutiny, deficiency notification within 10 days, digital communication of orders, and direct deposit of refunds to registered bank accounts via PFMS. The reform replaces concurrent audit with post-audit procedures for all refund claims. During the transition period until March 31, 2025, applicants may file refunds either manually or electronically. After this date, manual applications will require special approval from the Commissioner. This initiative aligns with CBIC's digitization goals to reduce trade costs and processing time.
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