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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Chennai Air Cargo Commissionerate is designated as a participating formation for CBIC's National Time Release Study (NTRS) 2026, covering Bills of Entry and Shipping Bills filed from 01.01.2026 to 07.01.2026, with tracking continuing until out-of-charge/let export order or 07.02.2026, whichever is earlier; the operative effect is that end-to-end timestamps up to exit from the customs area will be measured for the identified transactions to benchmark cargo release times. Stakeholders (including custodians, airlines and PGAs) are directed to furnish complete, accurate logistics and regulatory timestamp data in the prescribed templates and formats, maintain written records where manual capture is required, and report anomalies promptly; the operative effect is to ensure data integrity and system readiness to assess adherence to release benchmarks (imports under 24 hours; exports under 12 hours) and identify bottlenecks.
Chennai Air Cargo Commissionerate is designated as a participating formation for CBIC's National Time Release Study (NTRS) 2026, covering Bills of Entry and Shipping Bills filed from 01.01.2026 to 07.01.2026, with tracking continuing until out-of-charge/let export order or 07.02.2026, whichever is earlier; the operative effect is that end-to-end timestamps up to exit from the customs area will be measured for the identified transactions to benchmark cargo release times. Stakeholders (including custodians, airlines and PGAs) are directed to furnish complete, accurate logistics and regulatory timestamp data in the prescribed templates and formats, maintain written records where manual capture is required, and report anomalies promptly; the operative effect is to ensure data integrity and system readiness to assess adherence to release benchmarks (imports under 24 hours; exports under 12 hours) and identify bottlenecks.
Note: It is a system-generated summary and is for quick reference only.