Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Liability of legal representative (LR) of deceased - validity of assessment order passed u/s 147 against only one LR - The High Court held that the impugned assessment order is liable to be quashed due to procedural irregularities. Show cause notice was issued to all legal heirs after the assessment order, indicating a procedural flaw. - The Court directs the continuation of proceedings after issuing show cause notice to all legal heirs and providing them with a necessary opportunity of hearing.
Liability of legal representative (LR) of deceased - validity of assessment order passed u/s 147 against only one LR - The High Court held that the impugned assessment order is liable to be quashed due to procedural irregularities. Show cause notice was issued to all legal heirs after the assessment order, indicating a procedural flaw. - The Court directs the continuation of proceedings after issuing show cause notice to all legal heirs and providing them with a necessary opportunity of hearing.
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