Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Bogus LTCG - disallowing exemption u/s 10(38) - in the instant case suspension order in trading in securities of M/s Turbo Tech Engineering Ltd. has ultimately been lifted - SEBI has found no irregularities in the trading of such scrips; neither it has been found that the Directors are involved in any price rigging. - Additions deleted - AT
Bogus LTCG - disallowing exemption u/s 10(38) - in the instant case suspension order in trading in securities of M/s Turbo Tech Engineering Ltd. has ultimately been lifted - SEBI has found no irregularities in the trading of such scrips; neither it has been found that the Directors are involved in any price rigging. - Additions deleted - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
