Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
TP adjustment - ALP of royalty - In the absence of empirical data, stating higher royalty was not justified only because it did not result in any tangible benefit to the Assessee was not be the right approach - ITAT direction to the TPO to adopt the percentage(5.6%) as has been accepted by DRP based on survey report of travel industry in subsequent year does not appear to be unreasonable - no substantial question of law arises
TP adjustment - ALP of royalty - In the absence of empirical data, stating higher royalty was not justified only because it did not result in any tangible benefit to the Assessee was not be the right approach - ITAT direction to the TPO to adopt the percentage(5.6%) as has been accepted by DRP based on survey report of travel industry in subsequent year does not appear to be unreasonable - no substantial question of law arises
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