Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
Reassessment jurisdiction fails where unverified portal information is aggregated without examining the taxpayer's explanation or relevance of entries...
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...
Right to information covers material held by or under the control of a public authority when an RTI request is made. Information concerning a private body may be sought only where another law permits the authority to access it, subject to the conditions and restrictions of that law. Regulatory power to call for information does not require a public authority to obtain, create, collect or collate material absent from its records merely to answer an RTI application. Directions requiring SEBI to procure information from BSE and provide it to applicants were treated as unsustainable, and the challenged CIC directions were quashed.
Right to information covers material held by or under the control of a public authority when an RTI request is made. Information concerning a private body may be sought only where another law permits the authority to access it, subject to the conditions and restrictions of that law. Regulatory power to call for information does not require a public authority to obtain, create, collect or collate material absent from its records merely to answer an RTI application. Directions requiring SEBI to procure information from BSE and provide it to applicants were treated as unsustainable, and the challenged CIC directions were quashed.
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