Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Online gaming receipts were held to be taxable only on net winnings, not on a gross figure isolated from the gaming platform data; where BuyIn exceeded winnings, the result was a loss and the addition under section 115BB could not stand. The disallowance of Chapter VI-A deductions and house property interest was not finally decided because the assessee produced an updated return statement and challans for the first time before the Tribunal; the matter required factual verification, and the addition was to be deleted if tax had already been paid on the same amount.
Online gaming receipts were held to be taxable only on net winnings, not on a gross figure isolated from the gaming platform data; where BuyIn exceeded winnings, the result was a loss and the addition under section 115BB could not stand. The disallowance of Chapter VI-A deductions and house property interest was not finally decided because the assessee produced an updated return statement and challans for the first time before the Tribunal; the matter required factual verification, and the addition was to be deleted if tax had already been paid on the same amount.
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