Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
On a conjoint reading of section 80-IC(7) read with section 80-IA(5), it can safely be gathered that for the purpose of determining the quantum of deduction under section 80-IC the profits and gains of the eligible business shall be treated as the only stream of income of the assessee during the previous year relevant to the initial assessment year and also for every subsequent assessment year. - AT
On a conjoint reading of section 80-IC(7) read with section 80-IA(5), it can safely be gathered that for the purpose of determining the quantum of deduction under section 80-IC the profits and gains of the eligible business shall be treated as the only stream of income of the assessee during the previous year relevant to the initial assessment year and also for every subsequent assessment year. - AT
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