Transfer-pricing comparability permits fresh objections and filters where software service comparables are functionally unsuitable for arm's-length pr...
Territorial rendering requirement excludes China-based management and consultancy services from fees for technical services under the India-China DTAA...
FEMA borrowing restrictions bind charitable trusts, and civil penalties apply without proving intent for delayed repayment of non-resident rupee loans...
ITAT allowed assessee's appeal against CIT(A)'s order u/s 270A for not considering assessee's submissions regarding substantial relief granted in quantum proceedings and grounds that additions were on account of ad-hoc apportionment of expenses. Matter restored to CIT(A) for de-novo adjudication after examining assessee's facts and grounds.
ITAT allowed assessee's appeal against CIT(A)'s order u/s 270A for not considering assessee's submissions regarding substantial relief granted in quantum proceedings and grounds that additions were on account of ad-hoc apportionment of expenses. Matter restored to CIT(A) for de-novo adjudication after examining assessee's facts and grounds.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4881 
