Transfer-pricing tolerance for software sub-licensing falls within the services range, eliminating the adjustment and requiring TDS-credit verificatio...
Customs Broker due diligence requires prescribed KYC, not detecting misdeclarations discoverable only through physical examination, defeating licence ...
E-filing system failure permits exclusion of affected time in insolvency appeals, preventing tribunal technology defects from defeating timely filings...
Pre-existing disputes over outcome-based professional fees can bar Section 9 insolvency proceedings where contractual entitlement requires investigati...
Corresponding scheduled offences preserve money-laundering jurisdiction despite repeal of the central corruption provision where conduct remains cover...
Political-donation deduction claims transparently disclosed in a return do not constitute misreporting merely because the deduction is disallowed. Misreporting requires material showing false evidence, suppression of facts, or deliberate misrepresentation. Statutory immunity from under-reporting penalties applies where the substantive conditions for immunity are satisfied. Applying these principles, the penalty imposed for alleged misreporting in relation to the political-donation deduction was deleted.
Political-donation deduction claims transparently disclosed in a return do not constitute misreporting merely because the deduction is disallowed. Misreporting requires material showing false evidence, suppression of facts, or deliberate misrepresentation. Statutory immunity from under-reporting penalties applies where the substantive conditions for immunity are satisfied. Applying these principles, the penalty imposed for alleged misreporting in relation to the political-donation deduction was deleted.
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TaxTMI 
TaxTMI 
of 4886 
