Unverified Insight Portal Information Cannot Justify Reassessment Without a Verified Taxpayer-Specific Income-Escape Nexus or Demonstrated Application...
Assessing Officer jurisdiction after statutory transfer invalidates reassessment notices issued by transferor officers and nullifies resulting proceed...
Consequential appeal-effect orders must implement rectification deleting working-capital adjustments and reconsider the resulting arm's-length range c...
Discounted cash flow valuation protects share premium where projections are reasonable, while audited book expenses defeat unexplained-expenditure add...
Section 54 construction relief survives pre-transfer commencement when completion occurs within the statutory period, excluding ineligible spouse-owne...
Unexplained election expenditure based on a seized notebook requires proof that the document belongs to or is linked with the taxpayer and independent corroboration of its entries. A notebook recovered from separate commission-agent business premises, without the taxpayer's name, verification from named persons, or other correlation, does not by itself establish unexplained expenditure despite the statutory presumption for seized documents. Undated alleged campaign payments must be assessed in the year supported by campaign, polling, search, and entry-related facts; meeting-schedule dates do not establish the year of payment.
Unexplained election expenditure based on a seized notebook requires proof that the document belongs to or is linked with the taxpayer and independent corroboration of its entries. A notebook recovered from separate commission-agent business premises, without the taxpayer's name, verification from named persons, or other correlation, does not by itself establish unexplained expenditure despite the statutory presumption for seized documents. Undated alleged campaign payments must be assessed in the year supported by campaign, polling, search, and entry-related facts; meeting-schedule dates do not establish the year of payment.
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