Identity-theft defences do not bar reassessment, but Revenue must prove disputed transactions through primary evidence during proceedings.

Discounted Cash Flow valuation for newly incorporated companies was accepted despite later notification under the prescribed valuation rule.

Internal CUP method upheld for project-office transactions where contract risks, rewards and revenue were fully attributed to India.

Revisional relief for double taxation requires merits review where the same income is assessed in two different years.

Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...

MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...

CSR donation deductions and treaty-limited dividend tax support relief for eligible contributions and UK shareholder distributions.

TDS non-deduction under binding interim directions does not make an employer-bank an assessee in default.

Reassessment based on search and independent enquiry sustained, while unverifiable purchases were limited to the estimated profit element.

Reasonable cause for cash land-transaction receipts and repayments supported deletion of penalties for statutory cash-payment breaches.

Specific misreporting charge under section 270A is mandatory; failure to identify the statutory limb invalidates enhanced penalty.

Assessment quashing extinguishes linked cash-loan penalty, while limitation runs from the Assessing Officer's recorded initiation.

Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...

Section 153C jurisdiction requires year-specific satisfaction and seized material; unabated assessments cannot sustain additions without incriminating...

Assessment against a deceased taxpayer is void from inception despite the legal heir pursuing appellate proceedings.

Steamer-agent liability for manifested cargo deficiency applies when the agent files and verifies the Import General Manifest, supporting penalties.

Statutory provisional release discretion prevails over executive instructions, with revenue safeguarded through duty payment and bond conditions.

DFIA classification of Vital Wheat Gluten as wheat flour defeated customs seizure based on unsupported exemption ineligibility allegations.

Automotive ECU classification follows distinct functions, requiring Revenue evidence before reclassifying control units as motor-vehicle parts.

Preventive suspension requires an immediate continuing threat and cannot become indefinite without inquiry, fresh evidence, or proportionate safeguard...