Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
Reassessment jurisdiction fails where unverified portal information is aggregated without examining the taxpayer's explanation or relevance of entries...
Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
The ITAT Indore addressed unexplained cash investment for property purchase post search operation. Addition without cross-examination was challenged. The Tribunal emphasized burden of proof on AO to allow cross-examination of third party whose documents led to addition. Failure to provide cross-examination opportunity led to deletion of alleged cash investment addition. Lack of additional evidence by Revenue and similarity to precedent case resulted in relief for the assessee. The Tribunal ruled in favor of the assessee due to insufficient evidence and failure to adhere to principles of natural justice.
The ITAT Indore addressed unexplained cash investment for property purchase post search operation. Addition without cross-examination was challenged. The Tribunal emphasized burden of proof on AO to allow cross-examination of third party whose documents led to addition. Failure to provide cross-examination opportunity led to deletion of alleged cash investment addition. Lack of additional evidence by Revenue and similarity to precedent case resulted in relief for the assessee. The Tribunal ruled in favor of the assessee due to insufficient evidence and failure to adhere to principles of natural justice.
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