Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Revision u/s 263 - exemption of the LTCG - CIT had not undertaken any such exercise reaching to the conclusion that the assessment order was erroneous and prejudicial to the interest of the Revenue - Tribunal recording finding of facts that AO, before allowing claim u/s 10(38) has conducted sufficient inquiry while quashing revision - no substantial questions of law arises
Revision u/s 263 - exemption of the LTCG - CIT had not undertaken any such exercise reaching to the conclusion that the assessment order was erroneous and prejudicial to the interest of the Revenue - Tribunal recording finding of facts that AO, before allowing claim u/s 10(38) has conducted sufficient inquiry while quashing revision - no substantial questions of law arises
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
