Unverified Insight Portal Information Cannot Justify Reassessment Without a Verified Taxpayer-Specific Income-Escape Nexus or Demonstrated Application...
Assessing Officer jurisdiction after statutory transfer invalidates reassessment notices issued by transferor officers and nullifies resulting proceed...
Consequential appeal-effect orders must implement rectification deleting working-capital adjustments and reconsider the resulting arm's-length range c...
Discounted cash flow valuation protects share premium where projections are reasonable, while audited book expenses defeat unexplained-expenditure add...
Section 54 construction relief survives pre-transfer commencement when completion occurs within the statutory period, excluding ineligible spouse-owne...
HC allowed the petition. Petitioner was entitled to deduction for broken period interest on purchase of HTM securities. The issue was no longer res integra in view of SC's decision in Bank of Rajasthan case. There was no basis for initiating reassessment proceedings against petitioner which were contrary to settled legal position.
HC allowed the petition. Petitioner was entitled to deduction for broken period interest on purchase of HTM securities. The issue was no longer res integra in view of SC's decision in Bank of Rajasthan case. There was no basis for initiating reassessment proceedings against petitioner which were contrary to settled legal position.
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TaxTMI 
TaxTMI 
of 4884 
