Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Approval of M/s International Cargo Terminal Private Limited as a Customs Cargo Service Provider has been suspended under Regulation 11(2) of the Handling of Cargo in Customs Areas Regulations, 2009, with immediate effect and until further orders. Goods already available with the CCSP on the date of suspension may still be cleared for export or import by the proper officer after due process. Fresh receipt of export or imported goods into the CFS must stop forthwith, except where the shipping bill or bill of entry was filed before the suspension order.
Approval of M/s International Cargo Terminal Private Limited as a Customs Cargo Service Provider has been suspended under Regulation 11(2) of the Handling of Cargo in Customs Areas Regulations, 2009, with immediate effect and until further orders. Goods already available with the CCSP on the date of suspension may still be cleared for export or import by the proper officer after due process. Fresh receipt of export or imported goods into the CFS must stop forthwith, except where the shipping bill or bill of entry was filed before the suspension order.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
