Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
Page of 4828
Press 'Enter' after typing page number.
161 to 180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
HC ruled on computational aspects of tax deductions under Sections 10A, 80HHE, and 80M. The court partially favored the appellant, holding that export turnover calculations must exclude foreign currency expenditures for on-site software development. Technical services and software manufacturing were distinguished. Deductions under Sections 10A and 80HHE were restricted to 90% and 50% respectively for AY 2003-2004. The court directed the Assessing Officer to recompute deductions after verifying actual software exports and technical services. Most substantial questions were answered against the appellant, with specific questions related to export turnover and dividend income being resolved against the appellant's claims.
HC ruled on computational aspects of tax deductions under Sections 10A, 80HHE, and 80M. The court partially favored the appellant, holding that export turnover calculations must exclude foreign currency expenditures for on-site software development. Technical services and software manufacturing were distinguished. Deductions under Sections 10A and 80HHE were restricted to 90% and 50% respectively for AY 2003-2004. The court directed the Assessing Officer to recompute deductions after verifying actual software exports and technical services. Most substantial questions were answered against the appellant, with specific questions related to export turnover and dividend income being resolved against the appellant's claims.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
