Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business inco...
Functional comparability under TNMM requires highway contract benchmarks to reflect operation, maintenance and transfer activities, requiring fresh be...
Ind AS book entries do not independently determine taxable income, which must be computed under the Act and applicable ICDS. Notional security-deposit amortisation and deferred royalty recognition did not create taxable income where no real accrual occurred or consideration had already been taxed; related additions were deleted. EPCG duty benefits were governed by the statutory actual-cost treatment rather than Ind AS grant presentation, and the addition was deleted. ICDS IX capitalisation differences did not establish double deduction without evidence. Transferable development-right cost, leave provision and gift expenditure required verification or fresh adjudication. Weighted R&D deduction remained available where the facility was approved, despite the prescribed authority not issuing Form 3CL.
Ind AS book entries do not independently determine taxable income, which must be computed under the Act and applicable ICDS. Notional security-deposit amortisation and deferred royalty recognition did not create taxable income where no real accrual occurred or consideration had already been taxed; related additions were deleted. EPCG duty benefits were governed by the statutory actual-cost treatment rather than Ind AS grant presentation, and the addition was deleted. ICDS IX capitalisation differences did not establish double deduction without evidence. Transferable development-right cost, leave provision and gift expenditure required verification or fresh adjudication. Weighted R&D deduction remained available where the facility was approved, despite the prescribed authority not issuing Form 3CL.
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