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 custodianship of Sudharsan Logistics Pvt. Ltd. CFS, Chennai, previously granted under Section 45 of Customs Act, 1962 via Public Notice No. 213/2015, has been suspended effective March 14, 2025 pursuant to Regulation 11(2) of HCCAR, 2009. While fresh receipt of export/import goods has been halted immediately, goods already in custody prior to suspension may still be cleared during official hours after proper customs verification. This exception applies only to existing inventory and shipments with bills of entry or shipping bills filed before the suspension date. The suspension remains in effect until further orders from the Commissioner of Customs.
The custodianship of Sudharsan Logistics Pvt. Ltd. CFS, Chennai, previously granted under Section 45 of Customs Act, 1962 via Public Notice No. 213/2015, has been suspended effective March 14, 2025 pursuant to Regulation 11(2) of HCCAR, 2009. While fresh receipt of export/import goods has been halted immediately, goods already in custody prior to suspension may still be cleared during official hours after proper customs verification. This exception applies only to existing inventory and shipments with bills of entry or shipping bills filed before the suspension date. The suspension remains in effect until further orders from the Commissioner of Customs.
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TaxTMI 
TaxTMI 
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