Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Addition towards interest u/s. 244A on income tax refund - in mercantile system of accounting same is to be taxed in the assessment year under consideration as the income was accrued and received by the assessee - cannot postpone on the reason that it would be withdrawn or reduced by the Department subsequently - If there is withdrawal or reduction, the remedy lies elsewhere and not at this stage
Addition towards interest u/s. 244A on income tax refund - in mercantile system of accounting same is to be taxed in the assessment year under consideration as the income was accrued and received by the assessee - cannot postpone on the reason that it would be withdrawn or reduced by the Department subsequently - If there is withdrawal or reduction, the remedy lies elsewhere and not at this stage
Note: It is a system-generated summary and is for quick reference only.