Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
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Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
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.
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