Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Levy of late fee u/s 234E for the delay in filing E-TDS return - the Appellate Tribunal referred to a judgment of the jurisdictional High Court which held that the levy of late fee for the belated filing of the E-TDS return for the assessment year prior to 01.06.2015 is not warranted. Therefore, the Tribunal allowed the appeal of the assessee, deleting the late fee levied under section 234E of the Act.
Levy of late fee u/s 234E for the delay in filing E-TDS return - the Appellate Tribunal referred to a judgment of the jurisdictional High Court which held that the levy of late fee for the belated filing of the E-TDS return for the assessment year prior to 01.06.2015 is not warranted. Therefore, the Tribunal allowed the appeal of the assessee, deleting the late fee levied under section 234E of the Act.
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