Jurisdictional sanction requirements bar reassessment when approval comes from an authority lacking statutory competence under the applicable framewor...
Recorded sales receipts cannot be reassessed as unexplained cash credits, eliminating the basis for consequential alleged commission expenditure addit...
Sufficient cause for delayed income-tax appeals requires bona fide diligence; unsubstantiated counsel illness and assessee inaction defeat condonation...
TNMM Segmentation Limits Transfer-Pricing Adjustments to Associated-Enterprise Transactions and Requires Turnover-Based Comparable Selection for IT Se...
Bail in a money-laundering prosecution involving alleged diversion of allottees' funds was refused. An independent audit report was treated as establishing the alleged diversion, while repeated absence of the applicant's counsel, recorded in the status report, was treated as contributing to trial delay. Expeditious disposal was directed without unnecessary adjournments, subject to legal impediments.
Bail in a money-laundering prosecution involving alleged diversion of allottees' funds was refused. An independent audit report was treated as establishing the alleged diversion, while repeated absence of the applicant's counsel, recorded in the status report, was treated as contributing to trial delay. Expeditious disposal was directed without unnecessary adjournments, subject to legal impediments.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
