Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
The Madras High Court addressed a case involving a direction for recredit or refund of amounts recovered u/s assessment orders. The court found that the respondents did not adequately justify the use of the proviso to Section 78, entitling the petitioner to a refund. The petition was allowed, directing the first respondent to refund or recredit the amount to the petitioner's Electronic Cash or Credit Ledgers within one month from the date of the order.
The Madras High Court addressed a case involving a direction for recredit or refund of amounts recovered u/s assessment orders. The court found that the respondents did not adequately justify the use of the proviso to Section 78, entitling the petitioner to a refund. The petition was allowed, directing the first respondent to refund or recredit the amount to the petitioner's Electronic Cash or Credit Ledgers within one month from the date of the order.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
