COVID-19 limitation exclusion and destination-specific e-way bills govern revisional timelines and penalties for undocumented third-party plywood deli...
Questions arising from miscellaneous application orders cannot challenge unaltered Tribunal findings, leaving the original order separately challengea...
Transfer-pricing comparability filters require fresh arm's-length analysis, while delayed receivables need separate reconsideration with working-capit...
Section 153C jurisdiction requires timely deemed search and assessee-specific satisfaction material; otherwise reassessment must use the proper statut...
Revised tax audit reports and corresponding revised returns filed before processing under section 143(1) require consideration despite filing after the prescribed due date where they correct disallowances based on Form 26A. Form 26A activates statutory relief from disallowance for non-deduction of tax at source, and the same expenditure cannot be disallowed again under section 40(a)(ia) after disallowance under section 43B(da). Rule 46A(3) does not require remand when materials were electronically furnished before processing and no fresh appellate evidence is admitted. After deletion of adjustments, set-off of brought-forward losses is academic where no positive income remains.
Revised tax audit reports and corresponding revised returns filed before processing under section 143(1) require consideration despite filing after the prescribed due date where they correct disallowances based on Form 26A. Form 26A activates statutory relief from disallowance for non-deduction of tax at source, and the same expenditure cannot be disallowed again under section 40(a)(ia) after disallowance under section 43B(da). Rule 46A(3) does not require remand when materials were electronically furnished before processing and no fresh appellate evidence is admitted. After deletion of adjustments, set-off of brought-forward losses is academic where no positive income remains.
Note: It is a system-generated summary and is for quick reference only.