Anonymous donation classification fails where charitable trusts maintain undisputed donor identity records and evidence corpus contributions' intended...
Transfer pricing method selection favours TNMM where medical-equipment distribution involves substantial post-import value addition and operational ri...
Post-export shipping bill conversion remains available where contemporaneous evidence supports EPCG benefits despite curable procedural omissions and ...
Validity of notice proposing for Best Judgement assessment u/s 144 - Failure to file ITR in response to notice u/s 148 r.w.s. 142(1) due to medical reasons and recovery proceedings against the company under the provisions of SARFAESI Act - The High court granted the petitioner six weeks to file returns and submit required documents in response to the latest notice. Failure to comply would lead to finalizing the assessment under Section 144 of the Income Tax Act.
Validity of notice proposing for Best Judgement assessment u/s 144 - Failure to file ITR in response to notice u/s 148 r.w.s. 142(1) due to medical reasons and recovery proceedings against the company under the provisions of SARFAESI Act - The High court granted the petitioner six weeks to file returns and submit required documents in response to the latest notice. Failure to comply would lead to finalizing the assessment under Section 144 of the Income Tax Act.
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