Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Additional evidence concerning global IT services payments was...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verification
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Additional evidence concerning global IT services payments was admitted because third-party invoices and service-allocation details addressed the basis of the transfer pricing adjustment; the issue was remitted to the AO/TPO for fresh examination. The AO was directed to verify and give effect to the deduction claim under section 80JJAA in accordance with DRP directions. TDS credit was also remitted for verification and grant of due credit. Claims challenging the fee under section 234F, based on filing within the extended due date, and seeking recomputation of interest under section 244A were restored to the AO for factual verification and disposal according to law. The appeal was partly allowed for statistical purposes.
Additional evidence concerning global IT services payments was admitted because third-party invoices and service-allocation details addressed the basis of the transfer pricing adjustment; the issue was remitted to the AO/TPO for fresh examination. The AO was directed to verify and give effect to the deduction claim under section 80JJAA in accordance with DRP directions. TDS credit was also remitted for verification and grant of due credit. Claims challenging the fee under section 234F, based on filing within the extended due date, and seeking recomputation of interest under section 244A were restored to the AO for factual verification and disposal according to law. The appeal was partly allowed for statistical purposes.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
