Timely pronouncement of reserved judgments requires defined timelines, transparency measures, and remedial pathways to protect liberty and effective j...
Settlement-price depression requires proof of manipulation, not merely short exposure, late selling, or below-market orders, preserving disclosure pen...
Income Declaration Scheme declarations can evidence share-capital sources, while round-tripped funds and cash-linked credits require further verificat...
Disallowance of homologation expenditure - approval of technical variation in any existing vehicle or any of the components - it were not only the initial stage for which specifications need to be approved from ARAI but even for the existing vehicles, random checks were made that the assessee was manufacturing the same in conformity with the procedure laid down - laid out was for smooth running of business hence the revenue expenditure
Disallowance of homologation expenditure - approval of technical variation in any existing vehicle or any of the components - it were not only the initial stage for which specifications need to be approved from ARAI but even for the existing vehicles, random checks were made that the assessee was manufacturing the same in conformity with the procedure laid down - laid out was for smooth running of business hence the revenue expenditure
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
