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...
Withdrawal of Compounding u/s 8 - there is no reason for the AO to consider the withdrawal application, since the assessee has already acted in accordance with the compounding application made and remitted the tax due under the scheme - penalty waived for one of non-payment or default in payment - HC
Withdrawal of Compounding u/s 8 - there is no reason for the AO to consider the withdrawal application, since the assessee has already acted in accordance with the compounding application made and remitted the tax due under the scheme - penalty waived for one of non-payment or default in payment - HC
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