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...
Removal of sugar for export - Appellant was not able to produce the “proof of export “ within the period as prescribed - The argument is not acceptable that they are not able to co-relate the documents in view of the certain erroneous method adopted by the Customs Authority while endorsing the documents - when law requires something to be done in particular manner then that has to be one in that manner only and all other method of doing are barred.
Removal of sugar for export - Appellant was not able to produce the “proof of export “ within the period as prescribed - The argument is not acceptable that they are not able to co-relate the documents in view of the certain erroneous method adopted by the Customs Authority while endorsing the documents - when law requires something to be done in particular manner then that has to be one in that manner only and all other method of doing are barred.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4921 
