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...
The tax authority instructs all customs formations to address recurring public and trade grievances about duties and KYC for gifts and personal imports via courier and postal channels by preparing and publishing comprehensive FAQ documents on zonal/commissionerate websites. FAQs must explain duty structure with sample calculations, KYC requirements, fees and charges, grievance redressal procedures and other procedural guidance; authorities must maintain and monitor grievance records, widely publicize the FAQs to stakeholders, and report any implementation difficulties to the authority.
The tax authority instructs all customs formations to address recurring public and trade grievances about duties and KYC for gifts and personal imports via courier and postal channels by preparing and publishing comprehensive FAQ documents on zonal/commissionerate websites. FAQs must explain duty structure with sample calculations, KYC requirements, fees and charges, grievance redressal procedures and other procedural guidance; authorities must maintain and monitor grievance records, widely publicize the FAQs to stakeholders, and report any implementation difficulties to the authority.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
