Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
HC allowed NRI assessee's petition regarding TDS credit, directing revenue authorities to correct the record and reflect TDS deposit in Form 26QB retroactively from original deposit date. The court mandated revenue to compute potential refund in accordance with law, effectively resolving the procedural error stemming from incorrect form submission. The ruling emphasized rectifying administrative mistakes without requiring additional buyer consent, thereby facilitating the NRI's tax credit claim and eliminating bureaucratic impediments to proper tax documentation.
HC allowed NRI assessee's petition regarding TDS credit, directing revenue authorities to correct the record and reflect TDS deposit in Form 26QB retroactively from original deposit date. The court mandated revenue to compute potential refund in accordance with law, effectively resolving the procedural error stemming from incorrect form submission. The ruling emphasized rectifying administrative mistakes without requiring additional buyer consent, thereby facilitating the NRI's tax credit claim and eliminating bureaucratic impediments to proper tax documentation.
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