Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Levy of fine / penalty - Failure to file the copies of the Annual Returns with the Registrar of Companies, Maharashtra, Mumbai within prescribed time - bona fide delay without any mala fide intention - The applicant Company is directed to pay ₹ 50,000/- per day from the date of Default and the Directors herein shall be liable to pay fine of Rs. Fifty Thousand/- each by the 2 Directors herein i.e. in total ₹ 1,50,000/- shall be sufficient as a deterrent for not repeating the impugned default in future. - Tri
Levy of fine / penalty - Failure to file the copies of the Annual Returns with the Registrar of Companies, Maharashtra, Mumbai within prescribed time - bona fide delay without any mala fide intention - The applicant Company is directed to pay ₹ 50,000/- per day from the date of Default and the Directors herein shall be liable to pay fine of Rs. Fifty Thousand/- each by the 2 Directors herein i.e. in total ₹ 1,50,000/- shall be sufficient as a deterrent for not repeating the impugned default in future. - Tri
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
