International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
Addition u/s 68 - unexplained cash credit - if the AO wanted to disbelieve the identity, credit-worthiness and genuineness of transaction of cash depositors with the assessee, the AO’s could have carried out more enquiry by examining these persons to establish whether they have given cash to the assessee for carrying out share trading on their behalf or not - Additions deleted.
Addition u/s 68 - unexplained cash credit - if the AO wanted to disbelieve the identity, credit-worthiness and genuineness of transaction of cash depositors with the assessee, the AO’s could have carried out more enquiry by examining these persons to establish whether they have given cash to the assessee for carrying out share trading on their behalf or not - Additions deleted.
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