Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
Reassessment jurisdiction fails where unverified portal information is aggregated without examining the taxpayer's explanation or relevance of entries...
Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
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.
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