Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...

Closing stock bank statements alone cannot justify tax additions where books are sound and valuation differences are reconciled.

Penalty recovery stay: delayed TDS deduction and remittance may not attract Section 271C, pending appellate determination.

Interest on delayed statutory payments is deductible only where the underlying liability qualifies as business expenditure.

Futures and options turnover computation kept derivatives activity below the tax-audit threshold, resulting in deletion of non-furnishing penalty.

Share premium valuation requires examination of supporting reports, while limited scrutiny restricts additions beyond the selected issues.

Revision limitation for issues outside reassessment runs from the original assessment, rendering delayed revision proceedings time-barred.

Per-payment TDS threshold limits online gaming withholding, while unclaimed player payouts cannot trigger expenditure disallowance under tax law.

Section 87A rebate remains available against short-term capital gains where the relevant law contained no express exclusion.

Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...

Estimated business expenditure for unsupported commission expenses increased after considering the nature and circumstances of commission activities.

Intra-group software licence costs require evidence of actual use, while comparable selection must reflect functional and scale differences.

Reasonable-time limits on duty drawback recovery bar unexplained delayed proceedings where fraud or suppression is not alleged.

Specific LCD tariff classification prevails over end-use based controller classification, requiring fresh determination under Chapter 90.

Provisional release for re-export remains available pending unresolved classification, despite alleged import restrictions on seized goods.

Strict construction of customs exemptions denies ELISA-kit duty concession to separately imported QFT Tube components.

Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...

Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...

Leasehold BOT rights can be liquidated as going-concern assets while preserving landowner rights and end-of-concession transfer obligations.

Contractual development rights may be insolvency assets, but resolution plans cannot override third-party land title or statutory approvals.