Transfer pricing comparability under TNMM: foreign exchange loss on ECB excluded from operating cost, and a functionally dissimilar comparator removed...
Fake AI-generated precedents vitiate adjudication, with unverified citations contaminating the decision-making process and undermining the rule of law...
Capital gain computation - co-ownership at 50% - electivity bills or the society maintenance receipt tax does not prove the title of the property - the transfer documents such as sale deeds etc are proof of the title over the property - Sub-registrar, where the sale agreement was registered has accepted the mother as joint owner and paid the half of the consideration - the AO in absence of adverse evidence should have accepted the joint ownership
Capital gain computation - co-ownership at 50% - electivity bills or the society maintenance receipt tax does not prove the title of the property - the transfer documents such as sale deeds etc are proof of the title over the property - Sub-registrar, where the sale agreement was registered has accepted the mother as joint owner and paid the half of the consideration - the AO in absence of adverse evidence should have accepted the joint ownership
Note: It is a system-generated summary and is for quick reference only.