Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
AO disallowed expenses u/s 14A r.w.r. 8D for shares held as stock-in-trade, but HC held section 14A inapplicable to assessee bank following Maxopp and South Indian Bank. HC upheld amortization of premium on HTM securities and loss from shifting securities from AFS/HFT to HTM portfolio relying on Oriental Bank of Commerce. HC allowed section 43B deduction for contributions to employees' pension fund based on actuarial valuation. HC rejected Revenue's appeal on goodwill from amalgamation following earlier dismissals. No substantial question of law arose.
AO disallowed expenses u/s 14A r.w.r. 8D for shares held as stock-in-trade, but HC held section 14A inapplicable to assessee bank following Maxopp and South Indian Bank. HC upheld amortization of premium on HTM securities and loss from shifting securities from AFS/HFT to HTM portfolio relying on Oriental Bank of Commerce. HC allowed section 43B deduction for contributions to employees' pension fund based on actuarial valuation. HC rejected Revenue's appeal on goodwill from amalgamation following earlier dismissals. No substantial question of law arose.
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