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...
Bail was granted on medical grounds where investigation was reported complete and custodial interrogation was not required; the petition cited completed probe despite recovery of incriminating physical and digital evidence indicating tax evasion under the GST Act. The court accepted petitioner's documented MRI diagnosis and advised neurosurgery and directed release on bail subject to furnishing a bail bond with two sureties who must be income taxpayers and to surrender the petitioner's passport to the trial court while furnishing bonds.
Bail was granted on medical grounds where investigation was reported complete and custodial interrogation was not required; the petition cited completed probe despite recovery of incriminating physical and digital evidence indicating tax evasion under the GST Act. The court accepted petitioner's documented MRI diagnosis and advised neurosurgery and directed release on bail subject to furnishing a bail bond with two sureties who must be income taxpayers and to surrender the petitioner's passport to the trial court while furnishing bonds.
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