Arrest safeguards and transit remand requirements invalidated detention following inter-State transfer without communicated grounds or magistrate auth...
Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
Applicability of provisions of Section 44BBB - Once the...
Section 44BBB Inapplicable: Additions Against Domestic Companies Unjustified; Assessing Officer Failed to Justify Loss Disallowance and Transfer Pricing.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Applicability of provisions of Section 44BBB - Once the provisions and Section 44BBB are not applicable to domestic company, there were no justification even to place reliance upon the said provision while making the addition against the assessee - A.O. has neither given reasons as to why the losses incurred by the assessee are not allowable nor the applicability of provisions of transfer pricing - addition not sustainable
Applicability of provisions of Section 44BBB - Once the provisions and Section 44BBB are not applicable to domestic company, there were no justification even to place reliance upon the said provision while making the addition against the assessee - A.O. has neither given reasons as to why the losses incurred by the assessee are not allowable nor the applicability of provisions of transfer pricing - addition not sustainable
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
