SEZ-unit profit deduction covers voluntary transfer-pricing adjustments, while exempt-income costs, foreign-exchange loss and ITeS comparables are exa...
Penalty proceeding u/s271B - reason for the delay in auditing the accounts - accountant and the other employees had resigned during the relevant period - assessee also produced the original trial balance and ledger to point out that there was a huge difference in the trial balance and the same could not be reconciled - delay was duly explained - no penalty - HC
Penalty proceeding u/s271B - reason for the delay in auditing the accounts - accountant and the other employees had resigned during the relevant period - assessee also produced the original trial balance and ledger to point out that there was a huge difference in the trial balance and the same could not be reconciled - delay was duly explained - no penalty - HC
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