Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Assessee's appeal for rectification dismissed. Tribunal clarified recoveries of securities losses would not be taxed in AY 2002-03 subject to outcome of appeals for AY 1993-94 before HC/SC. Tribunal did not err in remanding transfer pricing issue to TPO for verification of CPA certificate and allocation key as all relevant facts were not available on record. Remand does not constitute mistake apparent on record rectifiable u/s 254(2).
Assessee's appeal for rectification dismissed. Tribunal clarified recoveries of securities losses would not be taxed in AY 2002-03 subject to outcome of appeals for AY 1993-94 before HC/SC. Tribunal did not err in remanding transfer pricing issue to TPO for verification of CPA certificate and allocation key as all relevant facts were not available on record. Remand does not constitute mistake apparent on record rectifiable u/s 254(2).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
