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...
In cases of an IFSC unit reorganization, including change of name, shareholding pattern, business transfer arrangements, court-approved mergers or demergers, change of constitution, or change of directors, the instrument prescribes that requisite regulatory compliance under the IFSC Act, 2019 must be completed and the reorganization must be intimated by IFSCA (as Administrator) to the Unit Approval Committee of the concerned SEZ. This ensures the SEZ Unit Approval Committee receives formal intimation for taking any action or recording changes as required under the SEZ Act and SEZ Rules.
In cases of an IFSC unit reorganization, including change of name, shareholding pattern, business transfer arrangements, court-approved mergers or demergers, change of constitution, or change of directors, the instrument prescribes that requisite regulatory compliance under the IFSC Act, 2019 must be completed and the reorganization must be intimated by IFSCA (as Administrator) to the Unit Approval Committee of the concerned SEZ. This ensures the SEZ Unit Approval Committee receives formal intimation for taking any action or recording changes as required under the SEZ Act and SEZ Rules.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
