Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Penalty u/s 271(1)(c) - the onus lies on the assessee to establish that the addition sustaied by Mutual Agreement Procedure(MAP) under DTAA with India and other sovereign countries is not due to concealment of income or furnishing of inaccurate particulars and the computation was made u/s 92C in the manner prescribed under that Section, in good faith and with due diligence - penalty provision relating to this is not ultra virus
Penalty u/s 271(1)(c) - the onus lies on the assessee to establish that the addition sustaied by Mutual Agreement Procedure(MAP) under DTAA with India and other sovereign countries is not due to concealment of income or furnishing of inaccurate particulars and the computation was made u/s 92C in the manner prescribed under that Section, in good faith and with due diligence - penalty provision relating to this is not ultra virus
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TaxTMI 
TaxTMI 
