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...
Valuation of excisable goods - consideration received by the appellant from Honda India under the guise of compensation was liable to be included in the transaction value of goods or not - Appellant failed to show that the amount received towards compensation for the cancellation of the agreement to supply the spare parts which were ultimately sold as scrap - The extended period of limitation contemplated was correctly invoked in the facts and circumstances of the case. - AT
Valuation of excisable goods - consideration received by the appellant from Honda India under the guise of compensation was liable to be included in the transaction value of goods or not - Appellant failed to show that the amount received towards compensation for the cancellation of the agreement to supply the spare parts which were ultimately sold as scrap - The extended period of limitation contemplated was correctly invoked in the facts and circumstances of the case. - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
