Cross-border secondment reimbursements require separate employment and knowledge-transfer analysis before taxation as included services under the Indi...
Customs procedure uniformity requires adoption of model clearance practices, subject to specific local requirements and infrastructure or geographical...
Under substituted section 147, subsequently discovered escaped income may be assessed even if no addition is made on the original ground for reopening. The removal of the words 'and also' and the Explanation permit assessment of such income without fresh compliance with section 148A. Penny-stock trading losses may be disallowed where transactions are found to be colourable and the supporting findings, including unexplained share-price movements unrelated to financial results or market movements, are not rebutted by evidence.
Under substituted section 147, subsequently discovered escaped income may be assessed even if no addition is made on the original ground for reopening. The removal of the words 'and also' and the Explanation permit assessment of such income without fresh compliance with section 148A. Penny-stock trading losses may be disallowed where transactions are found to be colourable and the supporting findings, including unexplained share-price movements unrelated to financial results or market movements, are not rebutted by evidence.
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