Foreign asset disclosure in a substituted return can defeat penalty for an earlier omission when assessment accepts it.

Comparability filters in TNMM require upfront R&D screening and broadly similar turnover scales for software services.

Functional comparability in wholesale auto-component trading excludes retail and after-sales comparables, deleting transfer pricing adjustments

Transfer pricing comparability: one support-services company accepted, government-owned and facility-management comparables excluded, forex loss claim...

Pass-through LLC self-dealing defeats transfer pricing adjustment; linked receivables and profit recomputation were also deleted.

Transfer pricing comparability: predominantly manufacturing comparables were excluded, and IT support charges were not fixed at nil.

Substantial compliance in transfer pricing documentation defeats penalty for diamond trade record shortfall where arm's length pricing stood accepted

Double taxation through rectification was impermissible where income already shown under proper heads was added again to business income.

Bona fide return error defeats misreporting penalty where no specific statutory clause is identified in assessment.

Interest computation in return processing restored for fresh factual verification and de novo adjudication.

Revisional power under section 264 cannot worsen assessee's position; cash deposits explained from past salary savings.

Fair market value of surrendered tenancy rights can determine cost of acquisition for redeveloped property gains

Customs valuation enhancement fails when based on a retracted statement and non-comparable contemporaneous import invoices.

Transportation charges and foreign-branch services were held outside service tax, while disclosed records defeated extended limitation.

Negative list treatment for food grain transport without consignment notes defeats service tax and extended limitation demand.

Arbitration clause confined to work-execution disputes; tax reimbursement claim under separate taxes clause was non-arbitrable on referral review.

Financial intelligence sharing expanded to include the Directorate of Naval Intelligence under the PMLA notification.

Common adjudicating authority appointed for specified customs show cause notices against an importer

Export proceeds realisation period cut from fifteen months to nine months under amended FEMA export regulations.

Standard claim, consent and proxy formats prescribed for personal guarantor insolvency resolution processes.