Penny-stock additions require transaction-specific evidence; general investigation material alone cannot establish undisclosed income or accommodation...
Transfer pricing comparability prioritises reliable external CUPs and foreign-currency LIBOR benchmarks for exports, borrowings and delayed receivable...
Section 153C satisfaction and seized electronic records sustained unexplained-investment addition, subject to proportionate ownership-share verificati...
Denial of exemption claim - Compounded rubber - Notification was rescinded w.e.f. 1.3.94 and reintroduced in the same manner vide another Notification issued on 28.3.1994 - exemption would deemed to be continue - SC
Denial of exemption claim - Compounded rubber - Notification was rescinded w.e.f. 1.3.94 and reintroduced in the same manner vide another Notification issued on 28.3.1994 - exemption would deemed to be continue - SC
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