Penny-stock additions require transaction-specific evidence; general investigation material alone cannot establish undisclosed income or accommodation...
Transfer pricing comparability prioritises reliable external CUPs and foreign-currency LIBOR benchmarks for exports, borrowings and delayed receivable...
Section 153C satisfaction and seized electronic records sustained unexplained-investment addition, subject to proportionate ownership-share verificati...
Can genuine business expenditure disallow merely because of wrong nomenclature - As the recipient confirmed the receipt, on which TDS deducted & shown as income in his return. - claim of expense allowed - AT
Can genuine business expenditure disallow merely because of wrong nomenclature - As the recipient confirmed the receipt, on which TDS deducted & shown as income in his return. - claim of expense allowed - AT
Note: It is a system-generated summary and is for quick reference only.