Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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Grant of Bail - fake GST challan and GSTR-3B return - CA by profession - The plea of rendering co-operation to the department by the accused appears to be baseless as it is apparent that he tried to avoid investigation under the garb of medical treatment in hospitals. The conduct of the accused is writ large that despite being statutory auditor he misappropriated the GST amount and simultaneously misled M/s Starcrest Services Pvt. Ltd through generation of forged documents. Bail is accordingly denied to the accused. - DSC
Grant of Bail - fake GST challan and GSTR-3B return - CA by profession - The plea of rendering co-operation to the department by the accused appears to be baseless as it is apparent that he tried to avoid investigation under the garb of medical treatment in hospitals. The conduct of the accused is writ large that despite being statutory auditor he misappropriated the GST amount and simultaneously misled M/s Starcrest Services Pvt. Ltd through generation of forged documents. Bail is accordingly denied to the accused. - DSC
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