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...
Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Subsisting judicial orders require immediate compliance by the Ministry and affected parties unless stayed or modified. An intention to file a review petition does not justify withholding implementation of a restoration direction. The Registrar of Companies must restore the company's name to its register and reflect the company as active on the Ministry's website. Implementation remains subject to any subsequent order in a review application, preserving the respondent's position while ensuring prompt compliance with the existing restoration judgment.
Subsisting judicial orders require immediate compliance by the Ministry and affected parties unless stayed or modified. An intention to file a review petition does not justify withholding implementation of a restoration direction. The Registrar of Companies must restore the company's name to its register and reflect the company as active on the Ministry's website. Implementation remains subject to any subsequent order in a review application, preserving the respondent's position while ensuring prompt compliance with the existing restoration judgment.
Note: It is a system-generated summary and is for quick reference only.
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