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...
Computation of LTCG - provisions of section 2(47)(v) applicability - assessee’s property is converted as stock-in-trade - the Revenue cannot assess the same as capital gains and this is to be assessed as business income - AT
Computation of LTCG - provisions of section 2(47)(v) applicability - assessee’s property is converted as stock-in-trade - the Revenue cannot assess the same as capital gains and this is to be assessed as business income - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
