Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
West Bengal's 2025 Durga Puja economy rebounded an estimated 10-15% to Rs 46,000-50,000 crore, driven by renewed corporate sponsorships, higher mall footfall, GST-led demand for consumer goods, government grants to nearly 45,000 puja committees (Rs 1.1 lakh each) and increased electricity demand indicating higher activity. Organised retail, automobiles, e-commerce and advertising saw double-digit growth, while small traders and hawkers reported significant losses as spending shifted online and to malls. The prior year's contraction (circa Rs 42,000 crore) was attributed to inflation, muted corporate spending and adverse events that dampened festival commerce.
West Bengal's 2025 Durga Puja economy rebounded an estimated 10-15% to Rs 46,000-50,000 crore, driven by renewed corporate sponsorships, higher mall footfall, GST-led demand for consumer goods, government grants to nearly 45,000 puja committees (Rs 1.1 lakh each) and increased electricity demand indicating higher activity. Organised retail, automobiles, e-commerce and advertising saw double-digit growth, while small traders and hawkers reported significant losses as spending shifted online and to malls. The prior year's contraction (circa Rs 42,000 crore) was attributed to inflation, muted corporate spending and adverse events that dampened festival commerce.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
