Prior APA methodology guides transfer pricing benchmarking where consistent FAR profiles support comparability and arm's length margins eliminate adju...
Battery-integrated tablet rear covers classify as lithium-ion accumulators when protective components enable the battery's active energy-storage funct...
Government-approved Engineer's valuation report on a transferred property's improvement cost required acceptance where the tax authorities accepted the construction year but identified neither defects nor adverse material and did not obtain an alternative valuation under the Act. The claimed cost of improvement was therefore accepted. Interior expenditure on the new residential property remained ineligible for deduction under section 54F because no bills, vouchers, or other evidence substantiated the claim; the disallowance was sustained. The appeal was partly allowed.
Government-approved Engineer's valuation report on a transferred property's improvement cost required acceptance where the tax authorities accepted the construction year but identified neither defects nor adverse material and did not obtain an alternative valuation under the Act. The claimed cost of improvement was therefore accepted. Interior expenditure on the new residential property remained ineligible for deduction under section 54F because no bills, vouchers, or other evidence substantiated the claim; the disallowance was sustained. The appeal was partly allowed.
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TaxTMI 
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