Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
Petitioners evaded tax and failed to conduct self-assessment. Despite being served in 2022, they did not inform the court about tax payment in 2018 and sought discharge. Instead, they approached the High Court after two years of receiving summons. Petitioners granted liberty to file discharge application with evidence of 2018 tax payment before the magistrate. Magistrate directed to decide expeditiously. Non-bailable warrant against petitioner no. 2 not to be executed till the next date. High Court's directions on the matter.
Petitioners evaded tax and failed to conduct self-assessment. Despite being served in 2022, they did not inform the court about tax payment in 2018 and sought discharge. Instead, they approached the High Court after two years of receiving summons. Petitioners granted liberty to file discharge application with evidence of 2018 tax payment before the magistrate. Magistrate directed to decide expeditiously. Non-bailable warrant against petitioner no. 2 not to be executed till the next date. High Court's directions on the matter.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4800
Join Channel
TaxTMI 
