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...
CIT(E) rejected the application for registration u/s 12AB due to inability to determine the genuineness of the assessee's activities, as the assessee failed to furnish details in response to notices. The Tribunal distinguished the case from a prior decision where the assessee had produced documents, and upheld the CIT(E)'s order, finding no infirmity. The assessee's appeal was dismissed.
CIT(E) rejected the application for registration u/s 12AB due to inability to determine the genuineness of the assessee's activities, as the assessee failed to furnish details in response to notices. The Tribunal distinguished the case from a prior decision where the assessee had produced documents, and upheld the CIT(E)'s order, finding no infirmity. The assessee's appeal was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4921 
