Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
AT determined that the predicate offence existed at the time of ECIR recording, despite initial jurisdictional complexities involving Karnataka and Chhattisgarh State Police. The court found substantive evidence of potential criminal activities under Sections 384 and 420 IPC, along with offences under Prevention of Corruption Act. Consequently, the appellant's arguments lacked merit, resulting in appeal dismissal, thereby upholding the original findings related to potential money laundering proceedings under PMLA 2002.
AT determined that the predicate offence existed at the time of ECIR recording, despite initial jurisdictional complexities involving Karnataka and Chhattisgarh State Police. The court found substantive evidence of potential criminal activities under Sections 384 and 420 IPC, along with offences under Prevention of Corruption Act. Consequently, the appellant's arguments lacked merit, resulting in appeal dismissal, thereby upholding the original findings related to potential money laundering proceedings under PMLA 2002.
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TaxTMI 
TaxTMI 
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