Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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A public notice simplifies air cargo movement and transhipment by: abolishing the Rs.20 transshipment permit fee; aligning temporary import/movement procedures for Unit Load Devices (ULDs) with marine container rules, permitting air carriers/console agents to temporarily import ULDs on a Continuity Bond; requiring tracking devices/data loggers to have Unique Identity Numbers and comply with aviation security rules; placing export-proof responsibility on carriers/agents; excluding loose tracking devices from a specified exemption; continuing existing rules for other importers; promoting All-India National Transhipment Bonds and ICEGATE filing; and allowing ULDs to be treated "said to contain" for custodians, with implementation issues to be reported.
A public notice simplifies air cargo movement and transhipment by: abolishing the Rs.20 transshipment permit fee; aligning temporary import/movement procedures for Unit Load Devices (ULDs) with marine container rules, permitting air carriers/console agents to temporarily import ULDs on a Continuity Bond; requiring tracking devices/data loggers to have Unique Identity Numbers and comply with aviation security rules; placing export-proof responsibility on carriers/agents; excluding loose tracking devices from a specified exemption; continuing existing rules for other importers; promoting All-India National Transhipment Bonds and ICEGATE filing; and allowing ULDs to be treated "said to contain" for custodians, with implementation issues to be reported.
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