PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Page of 4826
Press 'Enter' after typing page number.
1 to 20 of 96510 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Validity of assessment order under Section 143(3) read with Section 144B was challenged where the assessing authority based an addition under Section 69 solely on aggregate import figures received from CBEC without furnishing breakup or underlying import bills; the court held that reliance on undisclosed third-party data without providing particulars or opportunity to reconcile breached principles of natural justice, vitiating the addition and assessment; the court noted prior transfer pricing scrutiny found purchases at arms length and remanded the matter for reconsideration after disclosure of the material relied upon.
Validity of assessment order under Section 143(3) read with Section 144B was challenged where the assessing authority based an addition under Section 69 solely on aggregate import figures received from CBEC without furnishing breakup or underlying import bills; the court held that reliance on undisclosed third-party data without providing particulars or opportunity to reconcile breached principles of natural justice, vitiating the addition and assessment; the court noted prior transfer pricing scrutiny found purchases at arms length and remanded the matter for reconsideration after disclosure of the material relied upon.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
Join Channel 
