Penny-stock additions require transaction-specific evidence; general investigation material alone cannot establish undisclosed income or accommodation...
Transfer pricing comparability prioritises reliable external CUPs and foreign-currency LIBOR benchmarks for exports, borrowings and delayed receivable...
Section 153C satisfaction and seized electronic records sustained unexplained-investment addition, subject to proportionate ownership-share verificati...
Grant of bail - respondent is suffering from Malignancy and Cancer - The Department ought not to have filed such a Special Leave Petition wasting the stationery, the legal fees and Court’s time. The Special Leave Petition stands dismissed with exemplary cost, to be borne by the concerned officer, who granted the permission to file the Special Leave Petition, quantified at Rs.1,00,000/-, to be recovered from the salary of such an officer. - SC
Grant of bail - respondent is suffering from Malignancy and Cancer - The Department ought not to have filed such a Special Leave Petition wasting the stationery, the legal fees and Court’s time. The Special Leave Petition stands dismissed with exemplary cost, to be borne by the concerned officer, who granted the permission to file the Special Leave Petition, quantified at Rs.1,00,000/-, to be recovered from the salary of such an officer. - SC
Note: It is a system-generated summary and is for quick reference only.