Departmental appeal limitation after call-book recall preserves original filing, while documented correlation supports SAD refund on imported granules...
Income-tax prosecution fails when appellate remand removes its factual foundation; directors require company arraignment for vicarious criminal liabil...
Capital character of assignment consideration prevents taxation as residuary income, while unsupported interest-related expenditure remains non-deduct...
Make-available condition shields regional support-service receipts from Indian taxation where no independent capability or permanent establishment exi...
Transfer-pricing treatment of corporate guarantees and convertible loans followed prior-year consistency, with taxable foreign dividends excluded from...
Transfer-pricing benchmarking confines adjustments to associated-enterprise transactions and integrates delayed receivables through TNMM working-capit...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4894 
