Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Section 194H does not apply to stockists' trade margins where pharmaceutical supplies are on a principal-to-principal basis; the margin is ordinary resale profit, not commission, so no default under section 201 arises on that count. ESOP/ESBP perquisite taxation under section 17(2)(vi) arises only on exercise of the option and allotment or transfer of shares; withholding under section 192 cannot be triggered at grant or mere accounting recognition. Delayed payment interest to MSMEs, being compensation for late sale consideration and not interest on borrowed money or debt, falls outside section 194A; where the expenditure was voluntarily disallowed, a further section 201 default consequence was unsustainable.
Section 194H does not apply to stockists' trade margins where pharmaceutical supplies are on a principal-to-principal basis; the margin is ordinary resale profit, not commission, so no default under section 201 arises on that count. ESOP/ESBP perquisite taxation under section 17(2)(vi) arises only on exercise of the option and allotment or transfer of shares; withholding under section 192 cannot be triggered at grant or mere accounting recognition. Delayed payment interest to MSMEs, being compensation for late sale consideration and not interest on borrowed money or debt, falls outside section 194A; where the expenditure was voluntarily disallowed, a further section 201 default consequence was unsustainable.
Note: It is a system-generated summary and is for quick reference only.
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