Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Preventive suspension requires an immediate continuing threat and cannot become indefinite without inquiry, fresh evidence, or proportionate safeguard...
Revision u/s 263 - bogus purchases - the assessment order does not indicate that AO had examined the genuineness of the purchase transaction in the light of the audited accounts of the assessee. The amount was shown to have been outstanding goes unverified and the assessment order is silent on this aspect. - PCIT rightly assumed jurisdiction
Revision u/s 263 - bogus purchases - the assessment order does not indicate that AO had examined the genuineness of the purchase transaction in the light of the audited accounts of the assessee. The amount was shown to have been outstanding goes unverified and the assessment order is silent on this aspect. - PCIT rightly assumed jurisdiction
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