Concessional corporate tax option under section 115BAA survives procedural documentary lapses when statutory compliance and earlier exercise are estab...
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...
Condonation of delay of 439 days - sufficient cause - lack of proper advice - appeal filed against assessment order before the CIT (A) within time but no Challenge of order of CIT passed u/s 263 - it was not a total lack of diligence on the part of the assessee - The sufficiency of the cause shown by the appellant is a matter to be weighed on the scales of justice
Condonation of delay of 439 days - sufficient cause - lack of proper advice - appeal filed against assessment order before the CIT (A) within time but no Challenge of order of CIT passed u/s 263 - it was not a total lack of diligence on the part of the assessee - The sufficiency of the cause shown by the appellant is a matter to be weighed on the scales of justice
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