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...
Violation of principles of natural justice - order in original has been passed ex-parte to the petitioner - The High Court found merit in the petitioner's arguments, recognizing the breach of natural justice and the failure to serve the notice at the correct address. It emphasized the fundamental importance of natural justice and disagreed with the respondent's argument regarding the availability of an alternative remedy, citing precedent that the High Court retains jurisdiction under Article 226 in cases involving such breaches.
Violation of principles of natural justice - order in original has been passed ex-parte to the petitioner - The High Court found merit in the petitioner's arguments, recognizing the breach of natural justice and the failure to serve the notice at the correct address. It emphasized the fundamental importance of natural justice and disagreed with the respondent's argument regarding the availability of an alternative remedy, citing precedent that the High Court retains jurisdiction under Article 226 in cases involving such breaches.
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TaxTMI 
TaxTMI 
of 4921 
