International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
Unexpalined Cash deposited in bank account - unsatisfactory explanation - The accounts, as noted, do not reveal the activity being pursued by the assessee, much less of it being at Mumbai, or the purpose for which cash is/was being withdrawn and accumulated, much less thereat. In the context of the case, it rather also raises the question if the cash withdrawn during earlier years, assuming so, was also at Mumbai and, where so, its relevance - Additions confirmed - AT
Unexpalined Cash deposited in bank account - unsatisfactory explanation - The accounts, as noted, do not reveal the activity being pursued by the assessee, much less of it being at Mumbai, or the purpose for which cash is/was being withdrawn and accumulated, much less thereat. In the context of the case, it rather also raises the question if the cash withdrawn during earlier years, assuming so, was also at Mumbai and, where so, its relevance - Additions confirmed - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
